BitcoinWarrior

News and Education

Bitcoin blasts through $63,000; experts predict meteoric rise

By Vivek Kumar Bitcoin surged beyond $63,000 on Wednesday, marking its highest level in over two years, fuelled by a wave of investment into new U.S. spot bitcoin exchange-traded products. This rally, witnessing a remarkable 42% increase this month, is shaping up to be its most significant monthly gain since December 2020. However, the excitement was short-lived as Bitcoin unexpectedly experienced a drop, stabilizing at $61,650 during Asia’s morning trading session. This upward momentum in the most traded cryptocurrency’s value also lifted Ether to $3,416, reflecting a substantial 50% surge in…