<p>London: <a href="https://www.deccanherald.com/tags/bitcoin">Bitcoin</a> hit a new record high on Monday above $70,400, as the surge in the biggest cryptocurrency showed no signs of slowing down.</p>.Investing in Bitcoin: What it entails in India.<p>It rose to $70,488.50 in early European trading, LSEG data showed. The cryptocurrency has been boosted by a flood of cash into new spot bitcoin exchange-traded funds as well as hopes that the Federal Reserve will soon cut interest rates.</p>
<p>London: <a href="https://www.deccanherald.com/tags/bitcoin">Bitcoin</a> hit a new record high on Monday above $70,400, as the surge in the biggest cryptocurrency showed no signs of slowing down.</p>.Investing in Bitcoin: What it entails in India.<p>It rose to $70,488.50 in early European trading, LSEG data showed. The cryptocurrency has been boosted by a flood of cash into new spot bitcoin exchange-traded funds as well as hopes that the Federal Reserve will soon cut interest rates.</p>