Bitcoin Surges Past $83K Amid Bull Market Fears

Bitcoin has seen significant gains over the past week, rising by more than 25% as investors continue to pour money into the asset. The latest data suggests that the cryptocurrency has reached a critical milestone of $83,000, which many are considering a key indicator of a new bull market.

The recent upswing in Bitcoin prices has been accompanied by strong interest in spot ETFs (Exchange-Traded Funds), with net inflows totaling over $2.23 billion during this period.