The price of bitcoin jumped beyond $57,000 on Tuesday on the back of a record day of trading volumes for Bitcoin is now trading at its highest price in dollar terms since November 2021 and is helping spark a rally in other major cryptocurrencies like ethereum, which tipped above the $3,000 mark on Tuesday - its highest price since April 2022. It follows a record day for bitcoin spot ETF trading volumes, which were valued at $2.4billion on Monday with Blackrock’s iBIT leading the way at $1.3billion, according to fund manager data.
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