Bitcoin has surged approximately 10% over the past week, highlighting a significant uptrend. This bullish movement is paralleled by Ethereum, which has experienced a remarkable 17% gain. Analysts from Bernstein have delved into the causes of this rally, spotlighting five primary drivers fueling these increases.
Among these drivers are institutional investments, macroeconomic factors, technological advancements, market sentiment, and regulatory developments. They have also shared insights and future expectations regarding the sustained momentum in the cryptocurrency markets.
