Bitcoin price update: BTCUSD surged to $38,000

Bitcoin (BTC) has experienced a period of relative stability in recent days, with its price primarily trading within a tight range around the $37,000 mark. While there have been some brief instances of price volatility, including small pumps and dumps, the overall trend has been one of calmness. It’s been a week since Bitcoin last touched the $34,500 support level, but the bulls were able to regain control of the market and push the price higher. On Thursday, Bitcoin surged to $38,000, representing a significant gain from its previous low.…