Summary
TLDR: Bitcoin’s price surged to $64,000 with renewed euphoria as the halving approaches in April. Past single-day gains in Bitcoin’s history include a 42% jump in April 2013 and November 2013, and a 27% rise in December 2017. Speculators expect a windfall with the next halving, and Bitcoin ETFs are driving institutional interest in the digital asset.
Key Points
1. The price of Bitcoin surged to $64,000 on Wednesday, signaling renewed euphoria in the market.
2. The top five biggest single-day gains in Bitcoin’s history include a 42% jump in April 2013, another 42% increase in November 2013, and a 27% rise in December 2017.
3. Bitcoin is closing in on its all-time high of $69,000, with an Extreme Greed rating on the Crypto Fear & Greed Index, and speculators expecting a significant windfall after the next Bitcoin halving.