Bitcoin tops $62,000

The price of bitcoin climbed above the $62,000 mark, according to cryptocurrency market data.

The world’s largest cryptocurrency regained the psychologically important level after a period of heightened volatility.

Market analysts say bitcoin’s performance continues to be driven by investor sentiment, capital flows into cryptocurrency exchange-traded funds and broader trends across global financial markets.

Bitcoin remains the world’s largest cryptocurrency by market capitalization and one of the most widely traded digital assets.

By N. Tebrizli