Bitcoin Surges Past $90,000 as Altcoins Follow Suit: Unlocking the Market Movers

Bitcoin has broken through a significant milestone, surging past $90,000 for the first time since March 7. This recent surge marks a substantial shift in the crypto market, with the leading cryptocurrency’s price gaining over 5% last week alone. Analysts are attributing this rise to several factors, including Bitcoin’s increasing correlation with gold, heightened expectations of a potential Fed interest rate cut in May, and renewed investment activity in spot Bitcoin ETFs.