Bitcoin Surges Past $86,000 as Bull Market Takes Hold

A recent surge in Bitcoin prices has pushed the cryptocurrency market into what some are calling a 'new bull market.'

Bitcoin's price reached $86,332 on Bitstamp, marking a 5.7% gain on the day and its highest value since late January.

The increase is attributed to a drop in oil prices and easing supply concerns, which have boosted the US stock market and driven up cryptocurrency values.

Crypto investors are now looking for ways to generate income beyond simply holding their coins, with some turning to cloud mining platforms like SHR Miner.

SHR Miner allows users to rent ASIC mining hash power and earn daily variable BTC mining returns based on the purchased hashrate.