Bitcoin’s Latest Rally Revives Hope That the Winter is Over
Bitcoin climbed past $86,000 at the start of this week, extending a strong recovery that has lifted the crypto sharply over the past week. Data from CoinMetrics showed Bitcoin at $85,863, representing a gain of about 5.8%. The digital asset had earlier reached $86,349, its highest point since late January. The recent surge has reignited discussion over whether the extended slump in cryptocurrency markets may finally be coming to an end. Bitcoin reached a record of $126,000 in October last year before entering a period of weaker prices. Bitwise CIO Matt Hougan said on Monday that the downturn could give…





