---
title: Bitcoin flips Silver as it breaks above $71,000 for the first time Ever
description: "It's a milestone that Bitcoin has seen often since the beginning of March. It was only Friday afternoon when Bitcoin broke above $70,000 for the first time ever.\nAmong the catalysts -> uk's financial watchdog said on Monday it will now permit recognised investment exchanges to launch crypto-backed exchange-traded notes, the latest regulator to pave the way for digital asset trading products. Theses products would be only available for professional investors such as investment firms and credit institutions authorised to operate in financial markets, the Financial Conduct Authority (FCA) said in a statement.\n\nSource: Decrypt, www.cnbc.com"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Bitcoin flips Silver as it breaks above $71,000 for the first time Ever](https://blog.syzgroup.com/syz-the-moment/data-centrebitcoin-flips-silver-as-it-breaks-above-71000-for-the-first-time-evers-ai-crypto-general-power-consumption-increase-0)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Mar 11, 2024, 4:40:15 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/data-centrebitcoin-flips-silver-as-it-breaks-above-71000-for-the-first-time-evers-ai-crypto-general-power-consumption-increase-0)

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