Bitcoin Surges 10% to Over $57K Ahead of Major 'Halving' Event, Sparking New Bull Run Predictions
• Bitcoin price rallies 10% in 24 hours to over $57K, shaking out $150M in shorts bets against BTC
• Analysts say Bitcoin is starting a new bull market ahead of impending mining rewards halving event
• BTC rally buoys broader crypto market, with ETH, SOL, ADA jumping 8% and STX spiking 25%
• Experts predict “tremendous upside ahead” for Bitcoin as halving approaches in just over a month
• Historically, the halving has preceded bull runs by making it much harder and costlier to mine new Bitcoin