Bitcoin Surges 40% in 4 Weeks, Nearing All-Time High as Bullish Sentiment Accelerates

• Bitcoin has gained over 40% in the last 4 weeks and is nearing its all-time high price of $69,000 • Indicators suggest investors' bullish expectations for bitcoin have materialized earlier than expected • Robinhood Wallet users will soon access swaps on layer-2 scaling solution Arbitrum, boosting access and lowering costs • SEC Commissioner Peirce said the regulator is in "enforcement-only mode" regarding crypto rules • Daily transaction activity on Ethereum layer-2s like Arbitrum and Optimism has surged 91% in 2023 ahead of the Dencun upgrade