Bitcoin hits highest in more than two years
![Bitcoin hits highest in more than two years](https://devdiscourse.blob.core.windows.net/devnews/15_11_2022_10_12_49_723626.jpg)
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- United Kingdom
Bitcoin rose by 4% to $49,477.75 on Monday, its highest since December 2021.
The cryptocurrency has risen some 15.7% so far this year, helped by regulators approving U.S. spot bitcoin ETFs and expectations for interest rate cuts.
At 1535 GMT, bitcoin was up 3.9% on the day at $49,390.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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