Reported 25 days ago
Bitcoin's price has surged past $70,000 as anticipation builds around the upcoming 2024 U.S. presidential election, with market analysts hoping it could exceed its previous high of $73,737. Following the recent halving event in April, historical trends suggest that Bitcoin typically peaks 500 to 550 days post-halving, prompting predictions that it could reach $200,000 later this year. This surge in price, alongside gold, reflects a growing investor preference for these assets as safe havens in times of uncertainty.
Source: YAHOO