Bitcoin's Rally Sparks Confidence and Concerns Among Crypto Traders and Experts

Bitcoin and other cryptocurrencies have remained stable, with the recent rally in digital assets fading amid renewed fears around Federal Reserve monetary policy. The price of Bitcoin has fallen less than 1% over the past 24 hours to $28,175, after pushing above the $28,000 level in late March. The rally has carried it some 70% higher so far in 2023, spurring calls of a new bull market, but Bitcoin has since stalled somewhat, consistently falling back as traders take profits until prices come back to around $28,000.