Bitcoin's Rally Soars Past $60,000 Ahead of Halving Event
TL;DR Summary
Bitcoin's price surged past $59,000, reaching levels not seen since late 2021, driven by continued inflows into bitcoin exchange-traded funds and anticipation around the upcoming "halving event" in April. The rally also boosted related stocks, with crypto exchange Coinbase Global Inc. and MicroStrategy Inc. seeing gains. Analysts believe that with decreasing bitcoin supply and increasing demand, the rally may continue, with some predicting the price to reach $100,000 by year-end.
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- Bitcoin passes $57000 as BlackRock ETF hits 'insane' volume record DLNews
- Bitcoin eyes $60000, 'FOMO' stirs biggest monthly rally since late 2020 Reuters
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