Bitcoin's Resurgence Continues with Impressive Price Surge.

Bitcoin's price has surged past $28,000, gaining 3% in the last 24 hours, as investors seek a safer bet in cryptos amid a crisis of confidence in the global financial system. While liquidity remains an issue, banks in Asia are stepping up and providing fiat pipelines for crypto. However, the rally may not last long as support may not be there fundamentally, and technical aspects suggest a correction toward $25,000 in the near term.