Bitcoin eyes $60,000, 'FOMO' stirs biggest monthly rally since late 2020

Bitcoin is nearing $60,000, up 40% in February due to increased flows into new U.S. spot bitcoin exchange traded products. Traders anticipate April's halving event and potential Fed interest rate cuts. Bitcoin's market cap surpasses $2 trillion, and its value has doubled in four months. Major bitcoin ETFs by Grayscale, Fidelity, and BlackRock experience heightened trading volumes. Entities like MicroStrategy and Reddit recently purchased significant amounts of bitcoin. Ethereum's ether also surges, reaching a two-year high at $3,320, with a 47% gain in February. Investors expect U.S. regulators to approve ether-based ETFs. The market's rise appears steady with a hint of FOMO.#TrendingTopic #Write2Earn‬