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Bitcoin hits two-year high: Is the cryptocurrency market experiencing unstoppable momentum?
On Wednesday, Bitcoin's price surged to over $63,000, marking a 13% intraday increase and achieving its highest level since November 2021. F Show More
On Wednesday, Bitcoin's price surged to over $63,000, marking a 13% intraday increase and achieving its highest level since November 2021. From February 26, blockchain concept stocks in the U.S. surged, with CleanSpark rising over 23% and Coinbase and Riot Platforms rising over 16%. On the news aspect, Bitcoin continued to grow, reaching its highest point in over two years, rising to over $55,000 and a daily increase of over 4%.
Due to Bitcoin's price briefly rising to $40,000 in January and then falling back, speculation about "Bitcoin halving" has re-emerged. According to past data, after each halving, the price of Bitcoin has rapidly risen within 6 to 12 months, reaching new historical highs. There is news suggesting that Ethereum ETFs may be approved soon. Also, Tom Lee of Fundstrat Global Advisors predicts Bitcoin will reach $150,000 by year-end.

🎙️Discussion:
1. Can bitcoin's price continue to rise?
2. What's your opinion on the potential for Ethereum ETF development?
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