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Bitcoin No Longer Looking Boring After Breaking $30K for First Time Since June 2022: What’s Fueling the Surge?

Bitcoin No Longer Looking Boring After Breaking $30K for First Time Since June 2022: What’s Fueling the Surge?
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For the first time since June 2022, Bitcoin broke above the $30,000 mark, marking a historic milestone. Banxa, a fintech company based in Vancouver, has Richard Mico as its U.S. CEO and top legal officer. He relates this increase to projections of a slowdown in economic growth and a resulting relaxing of monetary policy by the Federal Reserve.

Samson Mow, a seasoned professional who was once CSO of Blockstream and the Chief Architect of El Salvador’s Volcano Bitcoin Bond, commented on Bitcoin’s resiliency, and Coinbase Co-Founder and CEO Brian Armstrong tweeted that his company has plans to include Bitcoin’s Lightning Network.

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Bitcoin No Longer Looking Boring After Breaking $30K for First Time Since June 2022: What’s Fueling the Surge?
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Coinlocally exchange
Name Price24H (%)
Bitcoin(BTC)
$61,076.21
3.10%
Ethereum(ETH)
$2,718.08
2.12%
Tether USDt(USDT)
$1.00
-0.03%
BNB(BNB)
$526.81
1.65%
Solana(SOL)
$144.83
0.13%
XRP(XRP)
$0.58
2.47%
Dogecoin(DOGE)
$0.106019
1.42%
Cardano(ADA)
$0.341013
1.35%
TRON(TRX)
$0.129433
2.78%
Shiba Inu(SHIB)
$0.000014
0.90%
Polkadot(DOT)
$4.53
0.01%
Litecoin(LTC)
$63.92
3.41%
Polygon(MATIC)
$0.421311
0.42%
Monero(XMR)
$150.29
0.29%
OKB(OKB)
$37.00
0.68%
ApeCoin(APE)
$0.60
-0.36%
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