Bitcoin reaches its first major all-time high of the 2021 bull run at $64,895, coinciding with the Coinbase NASDAQ direct listing. The milestone capped a remarkable run fueled by institutional adoption, with MicroStrategy, Tesla, and Square all having added Bitcoin to their balance sheets. The day represented a convergence of narratives -- the first major crypto company going public on a US exchange while the asset it was built on hit record prices. However, this peak would prove to be the first top of a double-peak cycle, with BTC crashing to $29,000 before rebounding to nearly $69,000 in November.
CoinDesk: Bitcoin Surges Above $64K