Bitcoin Surges Past $64,000: 3 Factors That Are Driving This Rally. Here’s What Investors Keep In Mind

The surge in Bitcoin's value has largely been attributed to substantial investments pouring into 10 spot Bitcoin ETFs.

A critical element fueling Bitcoin's surge is the imminent Bitcoin halving scheduled for April. ( Image Source :Getty )

Bitcoin continued its winning streak soaring past the $64,000 mark, reaching its highest point since November 2021. This surge represents a remarkable gain of over 20 per cent within the week, contributing to a staggering year-to-date increase of more than 50 per cent. According to IntoTheBlock, more than 95 per cent of Bitcoin’s circulating supply is in profit. At the present moment, Bitcoin is actively trading at the $61,000 level, with a keen eye on the $65,000 milestone. If the current