Why is Bitcoin’s price surging?
If you’ve kept your eye on anything finance, you would have noticed that Bitcoin has hit its new all-time high of $72,000 ($100,000 CAD). Bitcoin’s price is surging due to several key factors that have created a bullish sentiment in the cryptocurrency market. The Bitcoin halving event has played a significant role by reducing the supply of new bitcoins, which can lead to price increases if demand remains constant or grows. Additionally, the introduction of spot Bitcoin ETFs in the U.S. has…
