Bitcoin Hovers Near All-Time Peak as Crypto Draws Record Inflows

Bitcoin Hovers Near All-Time Peak as Crypto Draws Record Inflows

(Bloomberg) — Bitcoin is sustaining a record-breaking run, lifted by the unprecedented amounts of capital flowing into crypto products as well as a looming reduction in the digital token’s supply growth.

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The original cryptocurrency reached an all-time peak of almost $72,881 on Monday and was trading at $72,220 as of 7:15 a.m. in London on Tuesday. A record $2.7 billion flowed into crypto assets last week, according to a report from CoinShares international Ltd.,…


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