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DOGE $0.0859 -2.60%
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BCH $213.34 -5.76%
LINK $8.18 -1.96%
HYPE $72.90 -0.95%
AAVE $75.78 +0.64%
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The real reason behind Bitcoin's crazy surge in the past 20 days.

The real reason behind Bitcoin's crazy surge in the past 20 days.

A total of 1 articles Last updated on 02.29

Special topic introduction

On February 27th at 3 AM Beijing time, Bitcoin experienced a "midnight surge," successfully breaking through the $54,000 mark. By 10 AM on the 27th, it was initially thought that the market might take a breather, but Bitcoin continued to show strong momentum, quickly surpassing $57,000 within a short period, with a cumulative increase of 10.06% in 24 hours, reaching a new high since January 2022. This also marks the continuation of Bitcoin's performance since the Lunar New Year in 2024. Since hitting $43,000 on February 7th, Bitcoin has risen by 32.5% in 20 days. What is the reason behind this surge?

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