Bitcoin surges past $41,000 as crypto rally heats up

News Snapshot:

(Bloomberg) — Bitcoin topped $41,000 as the largest digital asset extended a 2023 rebound on expectations of interest-rate cuts and the prospect of greater demand from the exchange-traded funds sector. Most Read from Bloomberg The token rose as much as 5.2% to reach $41,792 and was just shy of that mark as of 10:30 a.m. on Monday in London, taking its 2023 jump to 152%. Bitcoin was last at these levels in April 2022, before the TerraUSD stablecoin collapse that accelerated a $2 trillion rout in digital assets. Smaller tokens such as Ether and meme-crowd favorite Dogecoin also pushed higher....