Major cryptocurrencies experienced a surge on Wednesday evening, surprising investors with a Valentine’s Day treat. What Happened: The price of Bitcoin surged to $52,000 on Wednesday, marking its highest value in 26 months and pushing its market capitalization over $1 trillion. The largest and oldest cryptocurrency regained ground after Tuesday’s drop below $50,000 in response to hotter-than-expected inflation data. Wednesday’s rally propelled BTC’s market value back over $1 trillion, marking a significant milestone not achieved since December 2021. The sentiment was supported by substantial i…
