Bitcoin Surged Past $30,000. Is Another Crypto Boom on the Way?

(Bloomberg) -- When Bitcoin plunged from around $30,000 to below $20,000 in little more than a week last year, Three Arrows Capital co-founder Su Zhu described the tailspin as the “nail in the coffin” for his hedge fund. Most Read from BloombergApple Makes Headway on New Mac Laptops as It Grapples With SlumpTrump Answered All Questions at Second Deposition, Opting Not to Plead the FifthTesla Goes After America’s Top-Selling SUVsSummers Warns US Is Getting ‘Lonely’ as Other Powers Band TogetherFa