Bitcoin is soaring, leading some analysts to declare rational euphoria. Others caution that the celebration might be brief.
Behind the impressive figures, the U.S. Federal Reserve's influence looms large, potentially impacting Bitcoin's trajectory.
While markets anticipate rate cuts, JPMorgan CEO Jamie Dimon dissents, suggesting a different course of action.
A negative surprise from the Fed could disrupt Bitcoin's progress, particularly given the notable absence of retail investors. Is Bitcoin's rally sustainable?