Bitcoin Price Surges Above $47,000 Amidst Increased Institutional Investment Bitcoin has experienced a significant surge in price, breaking above $47,000 for the first time since March 2022. On Friday, February 9th, the cryptocurrency reached a high of $47,400, marking a notable increase from its previous trading range of $30,000 to $40,000. The reasons behind this sudden surge are not entirely clear, but experts believe that improved sentiment in the cryptocurrency market and increased…