Bitcoin's Strong 30% Weekly Surge Amid Market Chaos

Bitcoin's Strong 30% Weekly Surge Amid Market Chaos

full version at dailycoin
  • Bitcoin has surged impressively in the past seven days, bringing it back to levels last seen in June 2022.
  • Concerns over liquidity due to the banking crashes have prompted investors to diversify their portfolios and seek risk reduction.
  • The total value locked on Bitcoin has increased, indicating that investors are willing to place their trust in the cryptocurrency.

This week has been one for the history books, and not just in the cryptocurrency world, as all three US-facing crypto banks were liquidated in the span of three days. While some have speculated that it was a targeted attack, Bitcoin has emerged unscathed and has even surged in value.

In fact,...


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