Understanding the Why Behind Bitcoin’s Latest Surge

Bitcoin recentlyย surged to an all-time high, surpassing its previous peak set more than two years ago. The digital currency exceeded its November 2021 high of nearly $69,000, although it retraced slightly later to hover around $64,000. Currently, Bitcoin boasts a market capitalization of about $1.3 trillion, constituting a significant portion of the overall $2.6 trillion crypto market.

One significant catalyst driving Bitcoinโ€™s ascent since the beginning of the year has been the ETFsโ€™ approval by the U.S. Securities and Exchange Commission (SEC) in January. ETFs are a collection ofโ€ฆ

Read More>>

About CryptoCurrencyWire

CryptoCurrencyWireย (โ€œCCWโ€) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands withinย theย Dynamic Brand Portfolioย @ย IBNย that delivers:ย (1) access to a vast network of wire solutions viaย InvestorWireย to efficiently and effectively reach a myriad of target markets, demographics and diverse industries;ย (2) article andย editorial syndication to 5,000+ outlets;ย (3) enhancedย press release enhancementย to ensure maximum impact;ย (4)ย social media distributionย via IBN to millions of social media followers;ย and (5) a full array of tailoredย corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in todayโ€™s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text โ€œCRYPTOโ€ to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visitย https://www.CryptoCurrencyWire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published:ย https://www.CryptoCurrencyWire.com/Disclaimer

CryptoCurrencyWire
New York, NY
www.CryptoCurrencyWire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is powered byย IBN

Recent Quotes

View More
Symbol Price Change (%)
AMZN  232.52
+0.00 (0.00%)
AAPL  273.40
+0.00 (0.00%)
AMD  214.99
+0.00 (0.00%)
BAC  56.17
+0.00 (0.00%)
GOOG  314.96
+0.00 (0.00%)
META  663.29
+0.00 (0.00%)
MSFT  487.71
+0.00 (0.00%)
NVDA  190.53
+0.00 (0.00%)
ORCL  197.99
+0.00 (0.00%)
TSLA  475.19
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Gift this article