Bitcoin's price has surged past the $62,000 mark as fears of a global recession subside, leading to increased investor optimism. The cryptocurrency briefly touched $62,700, reflecting a significant rebound from recent lows. Analysts attribute this rally to positive macroeconomic indicators and a shift in market sentiment, which has encouraged traders to re-enter the market. As traditional markets stabilize, Bitcoin is seen as a viable investment, further enhancing its appeal among investors.Read more on Decrypt
Bitcoin Surges Past $62,000 Amid Easing Recession Fears
