Bitcoin climbs past $59,000 as rally continues ahead of halving event

The price of bitcoin surged past $59,000 on Wednesday, touching levels not seen since late 2021 as a bullish run for the top cryptocurrency continued.Bitcoin BTCUSD, +4.59%was last up 3.7% at $59,142, just off a session high of $59,482. The crypto is roughly 14.5% from a record of $68,990 reached 27 months ago. Up 40% so far this year, bitcoin has been fueled by continued inflows into bitcoin exchange-traded funds and hopes around the coming “halving event,” which is expected to happ