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Reuters: Bitcoin has emerged from the “crypto winter” slump following scandals including the collapse of FTX

Reuters today reported that due to market speculation that the Federal Reserve has completed its rate hike and will begin cutting rates in early 2023, Bitcoin has surpassed $40,000 for the first time this year, reaching its highest level since April 2022. In addition, the price of Bitcoin has more than doubled within 2024, shaking off the "crypto winter" depression caused by last year's scandals such as the collapse of the FTX exchange. Other interest-sensitive assets (such as gold) have also risen sharply in the past few weeks.

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