Bitcoin Surges Over 40% on Renewed Investor Enthusiasm Ahead of Major Halving Event
• Bitcoin's value jumped over 40% since early February, reaching heights not seen since 2020 • Trading platforms Coinbase and Marathon Digital Holdings saw even bigger gains in February of 59% and 45% respectively • Bitcoin's price surge is driven by renewed enthusiasm and anticipation of the upcoming "halving" event • Interest in bitcoin ETFs is also driving up prices and activity in crypto futures trading • Platforms like Robinhood are seeing a new cohort of investors getting into bitcoin via ETFs rather than direct purchase