Market Shows Quick recovery, Bitcoin touches $69K; Ascension of Quant Rival in the Market
The crypto market is showcasing remarkable resilience, with Bitcoin leading the charge, nearing the prestigious $69,000 mark, a pinnacle previously reached in November 2021. This resurgence is largely attributed to the influx of institutional investments, particularly through the U.S.-based spot Bitcoin ETFs, marking a significant milestone in Bitcoin’s integration into mainstream finance. As the market capitalization surges past the $1 trillion threshold, Bitcoin cements its status as a top crypto coin,…