Bitcoin Reverses Months-Long Trend with Impressive 25% Surge
Bitcoin (BTC) experienced its biggest price recovery of the year, jumping approximately 25% from below $65,000 to nearly $80,000 in just two days before its rally paused.
The cryptocurrency's surge has been highlighted by Glassnode as a significant shift in market trends. For months, Bitcoin had been lagging behind US stocks, but it has now begun substantially outperforming them.
This change is seen as a sign of renewed crypto market strength and potential institutional adoption and capital flows.