Bitcoin (BTC) has surged past the $65,000 mark, holding steady at $65,580 with a 3% gain. This rise is attributed to several factors, including loose monetary policies in major economies and China's recent economic stimulus measures.
Additionally, increased on-chain activity has also played a significant role in driving up the price. Analysts are optimistic, predicting that Bitcoin could rapidly climb to $70,000 due to these favorable market conditions.
