Posted 3/25/2024, 7:58:41 PM
Bitcoin Rebounds Above $70K as Investors Bet on Healthier Rally Ahead of April 'Halving'
- Bitcoin surged above $70,000 on Monday, its highest level in over a week
- The rise led to pops for bitcoin-related stocks like Coinbase and MicroStrategy
- The move comes despite some money being pulled out of Bitcoin ETFs last week
- Investors seem willing to look past that and ahead to the Bitcoin "halving event" in April
- Many say this rally is healthier than the last one because of the shakedown after November's big rally