In February 2024, Bitcoin experienced a remarkable surge, breaking the $60,000 mark for the first time in over two years and recording its biggest monthly candle ever. The cryptocurrency's value was bolstered by several factors, including new ETFs, an industry-wide recovery, and a record-breaking month in terms of price gains. Bitcoin's monthly return was 43.55%, marking its second-highest since 2013. This period also saw the cryptocurrency's net realized profit-taking reach a 128-day streak, with prices soaring from under $30k to $50k. The month concluded with Bitcoin's market capitalization reaching a new milestone of $2 trillion, indicating a maturing market with increasing participation from traditional financial institutions. Additionally, the S&P 500, Nasdaq, and Russell 2000 also posted gains, further highlighting the bullish sentiment across various asset classes.