Salem Radio Network News Sunday, September 21, 2025

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Bitcoin briefly hits an all-time high, less than two years after FTX scandal

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( ) -q-22- UNDATED (Correspondent Jeremy House) “ETF’s in January.”

Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging.

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TAG: Correspondent Jeremy House reporting. Gains in recent months have been fueled by the anticipation and eventual U.S. approval of bitcoin exchange traded funds earlier this year, which provided access to a much broader class of investors.

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VERBATIM: The world’s largest cryptocurrency jumped 4% this week and briefly surpassed $68,800 on Tuesday. That’s according to CoinMarketCap. That price is just above bitcoin’s previous record set in November 2021. The price for bitcoin has surged about 60% since the approval of bitcoin ETFs in January.

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