Crypto Surge Defies High Interest Rates, Reaches All-Time Highs

Bitcoin Surges as Interest Rates Rise and Institutional Investment Grows

Bitcoin is experiencing a significant rebound, reaching levels last seen when interest rates were near zero and pixelated artwork was frequently selling for millions. This resurgence comes despite the possibility of higher interest rates persisting for an extended period. Previously, the crypto market rallied due to low interest rates encouraging speculative behavior, but this time, Bitcoin and other cryptocurrencies are climbing even with elevated rates.