Bitcoin has surged past the $50,000 mark, marking its highest level since 2021. This surge highlights a significant shift in investor interest, largely attributed to the introduction of mainstream bitcoin investment funds. The cryptocurrency market has experienced significant growth, with Bitcoin gaining nearly 15% since the start of the year. This growth is largely attributed to the US Securities and Exchange Commission’s approval of several spot bitcoin exchange-traded funds (ETFs), which offer investors regulated exposure to bitcoin’s price, alongside anticipated interest rate cuts from the U.S. Federal Reserve. ... (full story)