Bitcoin Soars Above $42K as Crypto Momentum Builds Ahead of 2023 Halving
• Bitcoin hits fresh 2023 high, surging above $42,000 on Monday • Crypto-related stocks like Coinbase and Microstrategy rally, building on strong November gains • Bitcoin's rise driven by enthusiasm around potential US interest rate cuts and imminent approval of bitcoin ETFs • Upcoming bitcoin "halving" process in 2023 expected to further boost prices • Bitcoin up over 150% year-to-date, on pace for best annual performance since 2020