Bitcoin hits $60,000 as ‘FOMO’ rally gathers pace

Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency. Market participants are increasingly gravitating towards Bitcoin as the April halving event approaches. This event is set to decrease the pace at which new coins enter circulation, effectively tightening the overall supply of the cryptocurrency.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News