Bitcoin Soars Past $109K, Breaking Six-Month Downtrend

Bitcoin experienced a significant surge past the $109,000 mark, marking a 45% rebound and ending its six-month downtrend. This bullish momentum is fueled by investor optimism, retail confidence, and support from prominent figures in the industry. Bitcoin’s price rally has been amplified by expert analysts including Robert Kiyosaki who sees it as an easy path to wealth and aligning with market veterans, bolstering consumer sentiment.