Let Bitcoin’s New Bull Run Begin. One Key Sign That the Bear Market Is Over.

Bitcoin


has started a new bull market, reversing course after more than a year of relentless declines across the cryptocurrency landscape, according to digital asset data and analytics firm CryptoQuant.

Indeed, Bitcoin has been on a run. The largest digital asset has climbed almost 40% since the start of the year, surging past levels not seen since crypto exchange FTX’s November bankruptcy rocked the market and sent it down to two-year lows. Now changing hands at $23,000, the asset has rebounded to six-month highs.