Bitcoin surpassed $60,000: A Sign of Renewed Bullishness?

On February 28th, 2024, Bitcoin, the world's leading cryptocurrency, surpassed the $60,000 mark for the first time since November 2021. This significant surge has ignited excitement within the crypto community, prompting speculation about a potential return of the 2021 bull market. This essay will delve into the recent price increase, exploring the contributing factors and the possible implications for the future of Bitcoin.