Bitcoin Surges Past $30K as 'Crypto Winter' Thaws and Investors Bet on 'Crypto Spring'
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Bitcoin price has rocketed over $30,000, boosting etheruem, XRP, and other major cryptocurrencies as analysts say crypto winter could be over.
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Bitcoin's historical halving expected in April 2023 could cause further crypto price increases based on past trends.
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Morgan Stanley analyst says signs indicate crypto winter may be past and crypto spring is on horizon as bitcoin has risen 50% from its low.
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Bitcoin's market dominance has increased to highest level in years this month as investors favor it over other digital assets.
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Growing investor confidence that a bitcoin spot ETF may soon be approved in the U.S. has driven momentum toward bitcoin.