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Bitcoin has given up most of the gains accumulated since the start of the week.
Assad Jafri 3 min read 
Bitget's BGB token hits a new all-time high, signaling strong investor confidence and underlying market potential.
The asset manager has filed an amendment to include Bitcoin exposure in its Strategic Income Opportunities Fund (BSIIX).
MicroStrategy is looking to raise $600 million to buy more Bitcoin for its $13 billion stack after its stock surged 23% on March 4.
Coinbase users were unable to see their account balances for around three hours on March 4 as Bitcoin saw another rally to new yearly highs.
IBIT has reached its current level just two months after launch.
On-chain data shows the stability is a result of strong investor confidence, evidenced by over 1 million addresses accumulating over 671,000 BTC.
Sonnenshein said spot Bitcoin ETFs have seen "tremendous" flows and demand since their launch in January.
Kendrick believes that several catalysts will drive demand for Bitcoin to unprecedented levels, resulting in a sustained two-year rally.
