Bitcoin hits $73,750, setting a new all-time high before a halving for the first time in its history. Previous cycles always saw Bitcoin peak after the halving, not before.
The rally was fueled by massive inflows into the newly approved spot Bitcoin ETFs, which had been live for just two months. This broke the traditional four-year cycle pattern and signaled that institutional demand through ETFs had fundamentally changed Bitcoin's market structure.
Wikipedia: History of Bitcoin