Bitcoin’s Recent Surge: What’s Driving It and Can It Reach $52,000?
Bitcoin has made a strong comeback this week, reaching $48,207, its highest point since early January. This surge follows weeks of subdued trading, influenced by concerns about institutional outflows and a price dip after the launch of Bitcoin ETFs. Factors Contributing to Bitcoin’s Rally Several factors are fueling Bitcoin’s recent rally: Spot ETF Momentum: The…