Bitcoin Surges to Highest Price Since June, Experts Predict Further Growth.

Bitcoin reached its highest price since June, approaching $30,000, amid a surge in investor optimism. The cause of the move is difficult to pinpoint, but it may stem partly from buying by crypto traders voicing frustration on social media over a one-sided New York Times article that took issue over bitcoin's energy consumption. Ether also jumped, crossing the $1,900 level before retreating. Markets will be eyeing the March Consumer Price March Index report this week for signs that inflation is continuing its recent trudge downward.