#noticias ¿Bitcoin, without limit? The reasons why it is close to a historic high

By Elisabeth Buchwald Last month, when bitcoin approached US$ 45.000, JPMorgan Chase CEO Jamie Dimon compared the cryptocurrency to a Pet Rock toy and said that people should "stop talking about that m…".

Now, bitcoin investors are laughing out loud. The cryptocurrency has surged an enormous 20% in just five days. And with Wednesday's gains, it is approaching its historic high of around US$ 69.000 set in November 2021, the last time bitcoin traded above 60,000 dollars.

The rally is partly driven by billions of dollars flowing into the cryptocurrency after the U.S. Securities and Exchange Commission greenlit bitcoin exchange-traded funds last month.