Bitcoin surpassing $41000: Here's the analysts' view point!
Following China's announcement that it is about to ease monetary policy, Bitcoin soared beyond $41,000, gaining alongside equities.
On Thursday, the largest cryptocurrency gained 0.6 percent to $41,500, marking the second consecutive day of gains.
On Thursday, the tighter link between crypto and stocks worked in crypto's favour, as coins closely mirrored gains in Asian stock markets.
Both Stockton and Newton expressed concerns about the long-term viability of Bitcoin's comeback.