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Three charts to show how bitcoin’s record high took the crypto market by storm

Hype spills over into ether, cardano and solana as ProShares bitcoin futures ETF bolsters market

Pictured, a bitcoin and cryptocurrency exchange office in Istanbul, Turkey. The crypto took off rapidly on 20 October, with little direct evidence as to what caused the spurt
Pictured, a bitcoin and cryptocurrency exchange office in Istanbul, Turkey. The crypto took off rapidly on 20 October, with little direct evidence as to what caused the spurt Photo: Getty Images

Bitcoin climbed to a new all-time high of over $66,000 after the first bitcoin futures-based exchange-traded fund hit the stock market.

The world’s largest cryptocurrency by market capitalisation topped out at almost $67,000 on 20 October, improving on its previous record of $64,894 reached in April.

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