Posted 2/29/2024, 1:21:00 PM
Bitcoin Nears Record High Ahead of Halving Event as Crypto Market Soars
- Bitcoin surges to $62,500, nearing its all-time high price ahead of the upcoming halving event
- Marathon Digital reports strong Q4 results but shares fall on lower January bitcoin production
- New spot bitcoin ETFs see billions in inflows, taking assets from Grayscale's GBTC
- Coinbase suffers technical issues due to a large traffic spike, shares recover after initial drop
- Overall cryptocurrency prices power higher in 2024 on growing institutional interest and speculation