Posted 3/4/2024, 9:05:55 AM
Bitcoin Price Soars Past $65K on Mystery Buyer Rumors and Upcoming Reward Cut
- Bitcoin price has surged over $65,000, boosting the crypto market and sparking rumors of a mystery "sovereign bid" buyer
- Speculation that Qatar or billionaire Jeff Bezos have started buying bitcoin, potentially fueling the price surge
- Bitcoin's next "halving" event that cuts bitcoin rewards is approaching, expected to cause further crypto price volatility
- Unknown bitcoin whale has amassed $3.2 billion in bitcoin over last year, gathering 55,000 coins in 100 bitcoin transactions
- Social media rumors claim Jeff Bezos sold $8.5 billion in Amazon stock to buy bitcoin, though no evidence to support