Bitcoin climbs above $42K for the first time in 18 months as crypto rally heats up

4-12-2023 Business NY Post - Business 21

Bitcoin breached $42,000 on Monday morning — a level the volatile cryptocurrency hasn’t seen since April 2022. Bitcoin peaked at $42,108.59 as of 6:00 a.m. EST on Monday, attributed to traders’ expectations that US regulators will soon approve an exchange-traded bitcoin fund — and bets that the Federal Reserve is done hiking interest rates. Fed...

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