Bitcoin Tops $80,000: 'Crypto Winter Is Close to Being Over' Bitcoin's recent surge past $81,000 has sparked hope among investors that the crypto winter may be nearing its end.
The data points are encouraging, with a 5% jump on Thursday and another 4% rise on Friday. Some analysts even suggest that bitcoin is bucking its historically weak September trend.
The Federal Reserve's rate hike worries have eased, and Treasury yields have dropped, contributing to the positive sentiment.