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Bitcoin Price Today: Rally to $85k Fueled by 4 Catalysts

Bitcoin Price Today: Rally to $85k Fueled by 4 Catalysts

The signal bitcoin investors have been waiting for may finally be here.

After months of losing, market pros say bitcoin could finally be back on a long-term uptrend, with the cryptocurrency seeing a sharp rally in the last week as digital asset investors piled back in from the sidelines.

The token, which had plunged as low as $59,000 this year, surged another 5% on Monday, topping $85,000. It’s the first time bitcoin has surpassed the level since late January, around the time its sell-off began in earnest.

To investing experts, it’s the latest sign that the monthslong crypto winter may finally be over.

“It’s crypto spring, the crocuses are blooming,” Matt Hougan, the chief investment officer of…

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