Bitcoin hits record above $72,000 as demand frenzy intensifies


Representations of cryptocurrency Bitcoin are seen in this illustration picture taken in Paris France March 9 2024. REUTERSBenoit TessierIllustrationfile photo

Representations of cryptocurrency Bitcoin are seen in this illustration picture taken in Paris, France, March 9, 2024. REUTERS/Benoit Tessier/Illustration/file photo

WASHINGTON/LONDON (Reuters) -Bitcoin hit a record high on Monday above $72,000, as the biggest cryptocurrency's surge showed no signs of slowing down.

Bitcoin was last up 4.4% at $72,649 after reaching as high as $72,739.

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