"Bitcoin Reaches $60,000 Milestone Amid FOMO Rally"
TL;DR Summary
Bitcoin surged to $60,000 for the first time in over two years, driven by increased capital inflows into new U.S. spot bitcoin exchange traded products and anticipation of April's halving event and potential Federal Reserve interest rate cuts. The cryptocurrency's value has surpassed $2 trillion, with its price doubling in four months. Interest in bitcoin exchange-traded funds (ETFs) has surged, with Grayscale, Fidelity, and BlackRock seeing significant trading volumes. Additionally, ether, the second largest cryptocurrency, rose to $3,353, marking a 47% gain in February, as investors hope for U.S. regulators to approve ETFs based on spot ether.
- Bitcoin hits $60000 as 'FOMO' rally gathers pace Reuters
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- Bitcoin Pushes Through $60K for First Time Since November 2021 CoinDesk
- Bitcoin Retakes $60,000 For The First Time Since 2021; Miner Marathon Digital To Report Investor's Business Daily
- Bitcoin rides momentum, tops $60K with all-time high in sight Axios
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