Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market?
It can be said to be driven by positive news and demand.
For example, BlackRock proposed a spot Bitcoin ETF even though the SEC is still on their stance, but it had a very positive impact on Bitcoin's price movement.
A few hours ago, most of the day traders were already making profits as I monitored the price moving a little slowly towards $31,479 from $30,441.
As others have argued that we are very close to the halving, so hold.