Is bitcoin's surge just the beginning?

Crypto boosters insist that Bitcoin’s surge is just the beginning. They envision months of significant gains that could send the cryptocurrency’s price north of $100,000. Even if they’re right, that doesn’t necessarily mean that the broader industry will flourish.

Will bitcoin's price surge make it more volatile?

To be sure, bitcoin's ongoing price surge doesn't make the cryptocurrency any less volatile, as Laila Maidan, investing correspondent at Insider, told CBS News in December, when the cryptocurrency broke $41,000, which was its highest value in 19 months at the time. "It doesn't mean the crypto is going to skyrocket and stay high," Maidan said.

Will bitcoin resurgence be a good news for crypto investors?

Still, bitcoin's resurgence comes as welcome news to crypto investors, many of whom saw their assets plummet in value in 2022 after the collapse of FTX and other crypto exchanges.