Crypto Markets Surge as Bitcoin and Ethereum Hit Milestones

Bitcoin and Ethereum surge double digits, adding $100B to crypto markets
Bitcoin hits $34K, highest since May 2022; liquidated shorts top $310M
Ethereum reaches highest point since August, trading over $1,830
Total crypto market cap exceeds $1.3 trillion, peak since April 2022
Bitcoin accounts for over half of total market capitalization
Speculation rises on imminent Bitcoin spot ETF launch after key developments
Grayscale Bitcoin Trust aims to convert to ETF after court ruling against SEC
BlackRock's potential Bitcoin Trust appears on DTCC ledger before launch
Signs point to possible 'Crypto Spring' with major asset manager participation