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Bitcoin Heads Toward Winning Streak Last Seen in Pandemic Before Record High

(Bloomberg) -- Bitcoin is on course to advance for a fifth straight month in what would be the token’s longest such winning streak since a pandemic-era rally oiled by easy money.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetMusk Says First Neuralink Patient Received Implant in BrainBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual VerdictsAmazon Drops iRobot Dea...
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Source: yahoo.com

Bitcoin monthly gains: Bitcoin heads toward winning streak last seen in pandemic before record high

Bitcoin aims for fifth straight monthly gain, fueled by pandemic-era rally and shifting views on monetary policy. The digital asset rose 2% in January amid swings from US spot Bitcoin ETF rollout. BlackRock Inc. and Fidelity Investments launched Spot Bitcoin ETFs, attracting new investors and contributing to Bitcoins 160% surge last year. Grayscale Bitcoin Trust conversion into an ETF and the slowdown in withdrawals from the fund boost market sentiment.
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