Analysis-What's behind bitcoin's latest surge?
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Summary:At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals. "I don't know if old-school currency people are reassessing it," said Stephen Gallo, European head of FX strategy at BMO Capital Markets.

At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals. "I don't know if old-school currency people are reassessing it," said Stephen Gallo, European head of FX strategy at BMO Capital Markets.

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