By Allison Morrow, CNN New York (CNN) — Bitcoin rose to $50,000 Monday for the first time in two years, fueled by a rush of new-investor enthusiasm and growing anticipation over a cryptic-sounding event known as “the halving.” Bitcoin, the world’s most popular cryptocurrency, dipped back into the high 40s on Tuesday, snapping seven straight days of increases, and it remains far from its all-time high of around $69,000. But bitcoin has staged a remarkable comeback over the past year and half, climbing more than 200% from its 2022 low of $16,000. There are a few key forces forces driving the latest bitcoin euphoria, including an influx of money from investors in newly launched bitcoin e
Hence then, the article about bitcoin euphoria is back as investors prepare for the quadrennial halving was published today ( ) and is available onNews channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Bitcoin euphoria is back as investors prepare for the quadrennial ‘halving’ )