Bitcoin Surges Past $70,000: What’s Driving the Rally?
Bitcoin briefly climbed above $70,000 on Wednesday, reaching its highest level in roughly 11 weeks as improving market liquidity, expectations for U.S. cryptocurrency legislation and a wave of short-position liquidations fueled a sharp rally. The world’s largest cryptocurrency rose more than 7% during the session, marking a significant recovery after weeks of weakness. The move … Read more