Bitcoin records new high, reaches $66,000 on Wall Street debut

Bitcoin surged Wednesday to a record above $66,000 after taking another step towards mainstream status as the world’s most popular cryptocurrency forayed onto Wall Street.

A bitcoin futures exchange-traded fund (ETF), a type of financial instrument, launched on the New York Stock Exchange on Tuesday.

The news electrified demand for the cryptocurrency, which scaled an all-time pinnacle of $66,976 in London on Wednesday.