Crypto Surge: Bitcoin Hits 2-Month High—Discover the Reasons
Bitcoin prices surged to a two-month high recently, marking a significant rally across the entire cryptocurrency market. This upward trend follows positive economic reports that have heightened investor optimism regarding potential interest rate reductions in the near future, alongside advancements in pro-crypto legislation.
Current Bitcoin Performance
As of Wednesday, Bitcoin’s price increased by 3.5%, reaching approximately $96,755. Over the past week, it has risen more than 8% from a low of $90,383 recorded just days prior. This marks the highest valuation for Bitcoin since last November, when it last surpassed the $100,000 threshold.
Market Impact
Alongside Bitcoin, several other cryptocurrencies…
