Bitcoin surpassed $75,000 and grew contrary to global markets.
Bitcoin has experienced an upward trend, unlike many financial markets, and has surpassed the $75,000 level while stock, gold, and oil markets have faced severe fluctuations in recent weeks.
The value of this cryptocurrency has increased by about 14% since the end of February. Some analysts see this trend as a sign of a change in investor behavior, with some transferring part of their assets to the cryptocurrency market amid uncertainty.
This increase is in contrast to the sharp decline in October when Bitcoin’s price fell from over $126,000 to about half. However, since late February, and coinciding with rising political tensions, a cautious but upward trend has begun, which has accelerated in recent weeks.
According to analysts, the return of investments to exchange-traded funds related to cryptocurrencies is considered one of the main factors for this growth.
