Bitcoin

April

when

The price of Bitcoin (<a href="https://cointelegraph.com/bitcoin-price">BTC</a>) surged on Feb. 12, reaching its highest level since December 2021 as market participants’ excitement over spot BTC exchange-traded fund inflows and the upcoming BTC supply halving in April lifted investors’ expectations.
<figure data-ct-non-breakable="true">
 <img src="https://s3.cointelegraph.com/uploads/2024-02/e9407d7a-8455-4e8d-8340-6c13cb4b78a9.png" alt="" title="">
 <figcaption style="text-align: center;">
 BTC/USDT 1-week chart. Source: TradingView
 </figcaption>
</figure>
At the time of publishing, Bitcoin price reached a session high of $50,188,&nbsp;having gained more than 4%, according to data from <a href="https://subscription.cointelegraph.com/?_ga=2.29480575.1997882806.1704214141-68533732.1612103760&amp;_gl=1%2A19s794i%2A_ga%2ANjg1MzM3MzIuMTYxMjEwMzc2MA..%2A_ga_53R24TEEB1%2AMTcwNDc0MTM1Ni42NTYuMS4xNzA0NzQyMjQwLjAuMC4w">Cointelegraph Markets Pro</a> and <a href="https://www.tradingview.com/symbols/BTCUSD/?exchange=BINANCE" target="_blank" rel="noopener nofollow">TradingView</a>.
With the $50,000 level achieved roughly two months before the Bitcoin halving, investors anticipate BTC price to make a stab at the $69,800 all-time high, last seen on Nov. 8, 2021.&nbsp;
This is a developing story, and further information will be added as it becomes available. 
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin hits $50K for first time since December 2021

Cointelegraph

2024년 2월 12일에 게재된 다른 기사

Bitcoin Clings to $48K as Market Anticipates US Economic Indicators

Why This Analyst Is Bullish on Crypto Testnet Airdrops in 2024

London-Based Wine Platform Curated Ventures into the Metaverse

High expectations for RBLZ DEX listing, possible surge alongside Dogecoin (DOGE)

Bitcoin Enters High-Risk Zone Indicating Possible Bull Market Start

Bitcoin Enters Rally Phase as Halving Approaches

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!