"Bitcoin Hits Record High of $65,000 on Halving Day Amid Geopolitical Tensions"

1 min read
Source: Gizmodo
"Bitcoin Hits Record High of $65,000 on Halving Day Amid Geopolitical Tensions"
Photo: Gizmodo
TL;DR Summary

Bitcoin surged above $65,000 on its "halving" day, cutting miner rewards in half, while Ether crossed $3,000 and Solana saw a 7% increase. The global crypto market cap rose to $2.35 trillion, with top memecoins like Dogecoin and Shiba Inu also rising. The positive sentiment was fueled by the halving event and SEC approval of spot Bitcoin ETFs, marking a departure from previous halving events as Bitcoin's price peaked a month before.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

73%

27072 words

Want the full story? Read the original article

Read on Gizmodo