**Bitcoin Surges Past $65,000 Amid Global Monetary Policy Shifts**

Bitcoin has surged above $65,000, a level not seen in months, driven by significant monetary policy changes in the U.S. and China. The U.S. Federal Reserve's recent rate cuts, the first in over four years, have spurred investor interest in risk assets like Bitcoin. Lower interest rates are expected to drive demand, with traders anticipating further cuts.

China's economic stimulus measures have also played a crucial role. The Chinese government's capital injections into its economy have boosted global markets, including Bitcoin. Investors are increasingly viewing Bitcoin as a hedge against traditional market risks.

Interest in Bitcoin ETFs is rising, with BlackRock’s iShares Bitcoin Trust seeing substantial inflows. These ETFs offer a regulated way for investors to gain exposure to Bitcoin, reflecting growing confidence in the cryptocurrency.

However, some analysts caution that Bitcoin may face short-term volatility, potentially retracing to around $60,000 before continuing its upward trend. Despite these concerns, the long-term outlook remains positive, bolstered by ongoing monetary policy changes in the U.S. and China.

In summary, Bitcoin's future appears promising, supported by favorable monetary policies and increasing investor interest. While risks remain, the overall sentiment is bullish, suggesting potential for further gains.