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Bitcoin just had its best month since 2020

From qz.com

Bitcoin is not just having a good week, surging to its highest levels since late 2021, it’s also having a good month. A great month, actually: It’s up more than 40% in February, the cryptocurrency’s best performance since December 2020. {chart} Lots of things are driving the monthly boomlet. The U.S. Securities and Exchange Commission approved spot bitcoin exchange-traded-funds. The news is drawing a lot of new investors into the market, spurred on by all the attendant hype that comes with a new means of getting in on the action. Plus, the so-called “halving” is coming soon. In bitcoin world, that means that ... (full story)

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  • Category: Fundamental Analysis