27-02-2024 04:28 via rocketnews.com

Bitcoin rallies to highest level since November 2021 as investors eye record high

Bitcoin on Monday rallied to its highest level since November 2021, as exchange-traded funds investing directly in the cryptocurrency attract more capital into the space, while investors await the upcoming “halving” event, which has historically been bullish for bitcoin prices.  Bitcoin BTCUSD, +2.33%rose 9.5% over the past 24 hours to nearly $57,000 at one point, according to CoinDesk data. It is roughly off 17% from its record high at $68,990, reached in November 2021. In
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