Bitcoin Hits $63,000, Achieves Best Monthly Growth Since 2020 🚀

Bitcoin surges past $63,000 with over 5% monthly gain, marking its strongest month since December 2020. Ethereum also rises over 6%, reaching $3,483, boosting February's rally.

Benzinga230 views0:33

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Bitcoin topped $63,000, gaining over 5%, closing out its best month since December 2020. Ether also rose over 6% to $3,483, extending large February gains. Bitcoin is up 47% and ether 51% for the month. Record inflows to bitcoin ETFs, now over $2 billion total, have driven up demand. The upcoming bitcoin halving in April also adds to bullish sentiment historically. Prices surged despite earlier outflows from the Grayscale Bitcoin Trust.

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Published
Feb 29, 2024

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