Bitcoin Hits 10-Month High, Approaches $30K Amid Crypto Surge

Bitcoin is nearing $30,000, reaching a 10-month high and leading the digital asset market. Traders are expecting the Federal Reserve to slow interest rates, making "risky" assets like Bitcoin more appealing, while others see Bitcoin and gold as safe havens during financial uncertainty. Despite regulatory challenges and investor risk aversion, Bitcoin has risen over 80% since the start of the year. However, it still has a long way to go before reaching its all-time high of $69,044.