Tesla Digital Currency Assets Impaired for Second Consecutive Quarter, but Bitcoin Hits All-Time High of $66,000 Overnight

Bitcoin (BitfinexUSD) saw a sharp rally in the third quarter and has reached record highs in recent days, with the price touching $669.27 million at one point this Wednesday. However, the price of the variety retreated during the early Asian session on Thursday and was at $65,059 as of the close of trading.

The ProShares Bitcoin Strategy ETF (NYSE:BITO), the first U.S. bitcoin ETF, was listed on U.S. stocks on Tuesday, symbolizing the variety's recognition by the traditional financial system and significantly boosting investor confidence in the space, driving the price of bitcoin to break several big marks in a row.