Bitcoin's price surged about 60% over the past 12 months and trades about 7% below its all-time high. That rally was driven by an inflow of cash into its spot price ETFs, which started trading last year; more corporate and institutional purchases, and the Trump administration's crypto-friendly stance and establishment of a Strategic Bitcoin Reserve. Bitcoin could also be gaining more traction as a hedge against inflation, geopolitical conflicts, and other macro headwinds, while expectations for lower interest rates are driving investors toward the crypto market again. Yet many of the smaller cryptocurrencies were ... (full story)