Bitcoin Rebounds After Drop

🟦Bitcoin surged past $84,000 after Wall Street opened on February 28, gaining over 7% from its $78,258 low. Selling pressure eased amid U.S. inflation data, as the PCE index came in at 0.3%, matching forecasts. This marked the first decline in PCE inflation since September 2024.

🟦According to analysts, financial conditions are easing, with declines in the dollar, bond yields, and oil prices. This sets the stage for a crypto market recovery, and March could turn into a month of growth.