In Kubwa: Bitcoin reaches a high record above $62,000

Bitcoin hits a record high above $62,000 today as the cryptocurrency exchange Coinbase prepares to launch shares on Wall Street. It reached $62,377, a huge gain of 114 percent since the start of the year.

After crashing in 2018, the value of bitcoin rebounded and it has set records since late last year, rocketing from around $12,000 in October to more than $60,000 a month ago.