Bitcoin (BTC) Bulls are Back With Vengeance: What Sparked the 12% Rally and What’s Next?

The post Bitcoin (BTC) Bulls are Back With Vengeance: What Sparked the 12% Rally and What’s Next? appeared first on Coinpedia Fintech News Bitcoin’s price skyrocketed by 12% on February […]

The post Bitcoin (BTC) Bulls are Back With Vengeance: What Sparked the 12% Rally and What’s Next? appeared first on Coinpedia Fintech News
Bitcoin’s price skyrocketed by 12% on February 16th, hitting $24,903, which is the highest level seen since August 2022, according to data provided by CoinGecko. What Caused Bitcoin’s Spike? The cryptocurrency’s surge can be attributed to mild accumulation from traders who hold between 100 and 1,000 BTC, as reported by Santiment. In the first six …