‘Crypto spring’ is here, says one analyst after bitcoin's key signals turn bullish

60-second summary

Geoffrey Kendrick, a Standard Chartered analyst, declares a 'crypto spring' as key signals turn bullish. Spot bitcoin exchange-traded fund inflows surge, oil prices decline, and Coinbase's CEO suggests bitcoin may have bottomed near $60,000. This convergence of factors fuels optimism, potentially lifting the cryptocurrency market from its recent slump, with investors cautiously reassessing their positions.