Bitcoin craze continues to heat up, with an increase of more than 65% in 35 days

From January 24, 2024 to February 28, 2024, Bitcoin surged from US$38,550 to US$64,480 in 35 days, an increase of more than 65%.

Although it has been less than 2 months since the Bitcoin halving

"Bitcoin halving time is expected to be 2024.5.4"

But buying demand has far exceeded daily supply. Since the Bitcoin spot ETF was launched on January 11, capital inflows have reached US$7.4 billion. Funds are pouring in, and transaction volume has hit new highs continuously. On February 28, it set a record of nearly US$7.7 billion in single-day transactions. . See my profile 4

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