The price of bitcoin jumped to a new record on Friday, breaking through $70,000 for the first time ever.
The cryptocurrency was last higher by about 2% at $69,304.84, according to Coin Metrics.
At one point, however, it rose as high as $70,170.00, topping its previous record set on Tuesday.
It's on pace to end the week higher by 10%.
With the introduction of spot bitcoin exchange-traded funds in the U.S., big crypto moves now tend to take place during traditional stock trading hours.
Persons:
bitcoin
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Metrics
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U.S