Bitcoin approaches 68,000 for the first time since July

Bitcoin continued to expand its gains from the previous session, with its rise extending during Tuesday's trading as the leading cryptocurrency by market capitalization surged by over $1,500, approaching a trading level of $68,000, which it last recorded on July 29 before its sharp decline at that time.

This increase came after Bitcoin exchange-traded funds (ETFs) experienced their largest daily inflows since June, following Bitcoin's price exceeding $66,000 in yesterday's trading, and closing on Monday with gains amounting to $3,221 in favor of Bitcoin.

The primary reason behind this significant increase that Bitcoin witnessed since yesterday is the announcement by U.S. Vice President Kamala Harris regarding her commitment to take additional measures to adopt and endorse cryptocurrencies through her broad strategy, which she called "the economy of opportunities."

In terms of trading, Bitcoin rose by approximately 2.6% today to record $67,922 before wiping out some of those gains, currently trading at an increase of about 2% only at a level of $67,111.