Bitcoin hits new all-time high of $41,000 as investors shrug off recent volatility and pile into cryptocurrency | Currency News | Financial and Business News

  • Bitcoin hit a new all-time high of more than $41,000, as the cryptocurrency rally showed little sign of slowing down despite recent volatility.
  • The Bitcoin and crypto rally has been driven by record amounts of fiscal and monetary stimulus drowning markets in cash, as well as fears about currencies and inflation.
  • Critics question whether the rally is sustainable and point to past crashes in Bitcoin such as when it dropped from $19,000 to $4,000 between 2017 and…

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