In a blazing start to March, the feverish activity of Bitcoin has set it up for its largest monthly increase in almost three years early Thursday. Money pouring into listed bitcoin funds is fueling a huge gain, and bitcoin is now just a stone’s throw away from a record high. Related Reading: Bitcoin Fast Approaching $60,000 As BTC F&G Index Hits ‘Extreme Greed’ – Details Source: Coingecko Investor Frenzy As Bitcoin Set To Reclaim $64K The primary cryptocurrency rose as much as 14% late Wednesday to momentarily reach $64,000 — its first move above $60,000 since November 2021 — before reversing part of the gains. BTC was trading at $62,540 as of this writing, according to data from Coingecko. Due to “fear of missing out” on potential price increases, investors are rushing to buy cryptocurrencies, which brings back memories of the crypto bull market that drove the main cryptocurrency asset to a record high of around $69,000 in November 2021. Since the beginning of the year, the value of bitcoin has more than tripled, recovering from a 64% decline in 2022. That is an incredible recovery from a ..
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