Key Points
Bitcoin rose as much as 5.12% to $63,649 by 9:30 am (local time) in New York...
Cryptocurrency Bitcoin on Thursday surpassed $60,000 for the first time in more than two years.s)..
The jump comes amid surging optimism that demand for the token is widening beyond committed digital-asset enthusiasts, according to Bloomberg..
According to Chris Newhouse, a DeFi analyst at Cumberland Labs, Bitcoin is approaching new yearly highs off the back of increased spot demand and momentum traders taking positions after a week of consolidation..
Optimism around Bitcoin is being driven by a few factors working together: the spot BTC ETF inflows in the US, the upcoming reduction of new Bitcoin issuance known as the halving, and overall renewed optimism around the crypto asset class as a whole, Jonathon Miller, managing director of the Kraken Australia digital-asset exchange, told Bloomberg...
