Bitcoin has reached almost $42,000 as it rides a wave of momentum on expectations about US interest rate cuts and as traders anticipate the imminent approval of US stock market-traded bitcoin funds. The world’s biggest cryptocurrency jumped more than 8% above $42,000 on Monday, its highest since April 2022. Bitcoin is up by over 150% so far this year – with its price standing at $17,140 a year ago – though the current price is still more than 40% lower than its all-time high in 2021. Meanwhile, gold has been shining once again, as safe haven investments do in periods of geopolitical volatility…