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Why bitcoin is surging again

From cnn.com

Bitcoin is rocketing higher, topping $35,000 for the first time since May 2022. It’s up 20% over the past five days.Bitcoin is rocketing higher, topping $35,000 for the first time since May 2022. It’s up 20% over the past five days. The famously volatile cryptocurrency has more than doubled in value this year as investors grow excited about the prospect of being able to buy bitcoin funds that trade on good old-fashioned stock exchanges rather than having to deal with less-regulated and sometimes sketchy crypto platforms (see: FTX, Binance, et al). The latest round of excitement came as the BlackRock exchange-traded ... (full story)

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  • Category: Fundamental Analysis