Bitcoin Surges 7.5% As Global Central Banks Ease

Radek Zielinski, ReadWriteWeb
Thu, 05/16/2024 - 9:23am

Bitcoin (BTC) experienced its most significant single-day gain in nearly two months on Wednesday, surging over 7.5% to reach $66,250. The development follows recent reports that El Salvador’s Bitcoin holdings reached 5,750 BTC — worth over $378 million as of press time. Twitter founder Jack Dorsey recently predicted that Bitcoin will hit $1 million within the next six years. The rally, which marks the largest percentage increase since March 20, comes as weak U.S.

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Bitcoin Surges 7.5% As Global Central Banks Ease

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