Bitcoin hit a two-year high on March 4, exceeding $64,000. As of 9:50 a.m. on March 4, bitcoin is worth $64,142, according to coindesk data.

At the beginning of the Asian day, it reached $64,285, the highest level since the end of 2021, and was up 2% in the last session to $63,850. The record for bitcoin is $68,999.99, set in November 2021, Reuters reports.

The largest cryptocurrency by market value is up 50% this year, with most of the growth coming in the last few weeks, when trading volume by US-registered bitcoin funds has increased sharply.

The second most popular currency ether - ether - has risen on speculation that it may soon have exchange-traded funds, driving inflows. Since the beginning of the year, ether is up 50%, although it stood at $3,490 on Monday, slightly less than the two-year high reached last week.