Bitcoin Sets New Record Over $61,000

Bitcoin broke through the $60,000 mark to set a record high of $61,923 on March 13, according to data from Messari. This surpassed the cryptocurrency’s previous high of $58,355 recorded on Feb. 21.

Bitcoin has rallied strongly since its February record and subsequent decline. It fell as much as 25%, scraping $43,000 in the days following that peak. 

The oldest cryptocurrency tested the $50,000 mark in early March, and broke through decisively on March 7. It surged, facing brief resistance at $58,000 before crossing the $60,000 threshold.