Why is Bitcoin up? Unpacking the key factors behind the 30% surge

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AMBCrypto 12h ago

Why is Bitcoin up? Unpacking the key factors behind the 30% surge - AMBCrypto

Quick Summary:

Bitcoin's recent surge is driven by political shifts, major institutional buys, and increased market optimism.

In addition to these macroeconomic and institutional factors, Bitcoin’s open interest has been on the rise.

Samuel Edyme works as a freelance cryptocurrency journalist, with a special focus on market analyses and the real-world implications of the nascent crypto-market.