Pushed By Crypto Boom, Bitcoin On Verge Of Reaching All-Time High

Bitcoin is on the cusp of an all-time high, its latest rally fuelled by the launch of the first US bitcoin futures exchange-traded fund

Bitcoin is on the cusp of an all-time high, its latest rally fuelled by the launch of the first US bitcoin futures exchange-traded fund (ETF) that investors think could make the cryptocurrency accessible for swathes of new investors.

But the advent of cryptocurrency ETFs in the world's biggest economy hasn't been the only driver of this chapter of bitcoin's 2021 rollercoaster. Here are some charts that look at dynamics of its push towards a record high.

1. WILD SWINGS CONTINUE

Bitcoin is known for wild price swings, its 13-year history peppered by vertiginous ascents and equally steep drops.