Bitcoin's (CRYPTO:BTC) price surge reflects investor optimism over the potential return of central bank stimulus measures and the Federal Reserve's indication of prolonged low interest rates.

Factors such as China's announcement of issuing long-term bonds to boost its economy and expectations of further liquidity injections from the country's central bank have bolstered cryptocurrency sentiment.

Additionally, recent expansive measures by the U.S. Federal Reserve, leading to increased monetary supply, have contributed to Bitcoin's attractiveness as a scarce asset.

Despite concerns about potential inflationary pressures, investors are preparing for continued government liquidity injections to mitigate economic crises.

Furthermore, unexpected factors like the return of social media influencer "Roaring Kitty" and growing distrust in traditional finance institutions may further drive positive sentiment toward cryptocurrencies.