From Nasdaq:

Bitcoin is on track for its biggest monthly gain in over three years, nearing record highs. Analysts predict a potential surge to $69,000 and beyond for bitcoin. The recent approval and launch of spot bitcoin exchange-traded funds in the U.S. has increased investor interest and excitement in the cryptocurrency market.

Investors are flocking to bitcoin ahead of April’s halving event and amid expectations of rate cuts by the Federal Reserve. Limited bitcoin supply and growing interest in higher-yielding assets have contributed to the recent surge in bitcoin prices. Foreign exchange and U.S. equity volatility are at low levels, driving investors towards more volatile assets like bitcoin.



Read more at Nasdaq: Soaring bitcoin set for biggest monthly jump since 2020