Why Is Crypto Up? Six Straight Red Months Despite Today’s Bounce

Why is Crypto Up? BTC just bounced above $67,000 from a $65,000 low, a 1.1% run on the day, clinging to gains that look thin against a backdrop of six consecutive red monthly closes. March has been a grind. Bitcoin ranged from $65,000 on March 2 to a high of $75,000 on March 17, before sliding back to $68,000 by March 23 as U.S.-Iran geopolitical tensions amplified sell pressure. A record $14+ billion in options expi…