Bitcoin Reclaims $70,000 Amid Renewed Market Momentum

The assessment is "likely_true" with high confidence based on consistent and corroborating evidence from multiple authoritative sources. Direct evidence from primary market data providers strongly supports the statement. Coinbase, a major cryptocurrency exchange, reports an all-time high in British Pounds that converts to a value well over $70,000. CoinGecko, a reputable data aggregator, provides access to historical data that would verify this price milestone. A Bitcoin Magazine article also directly confirms the price had surpassed $75,000 before a market drop.Furthermore, strong indirect evidence is presented by financial news outlets. Both a Yahoo Finance article and another from Bitcoin Magazine discuss the price being down significantly (nearly 50%) from its all-time high. A simple calculation based on these percentages implies a peak price substantially greater than $70,000.There is no conflicting evidence among the relevant sources. Several sources were correctly identified as irrelevant as they pertained to other cryptocurrencies. One source from Statista was dismissed as unreliable for confirming a past event due to its data being a future projection or error. The overwhelming weight of consistent evidence from credible sources makes the statement highly probable.