Bitcoin, after hovering below $30,000 for over two months, has experienced a substantial 30% surge in the past two weeks. This impressive rally propelled the world's largest cryptocurrency to nearly $34,700, a level unseen since May 2022. As of the current update, Bitcoin is valued at $35,787, marking a significant increase since mid-October when it was trading below $27,000. This surge has sparked optimism, attributed to factors like increased institutional interest and positive market sentiment. Investors are closely monitoring this upward trend in anticipation of its potential impact on the cryptocurrency market.
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