Bitcoin

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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-surges-reclaims-51000-milestone/" data-wpel-link="internal">Bitcoin Price Surges, Reclaims $51,000 Milestone</a><br></p>
<p style="text-align: justify">For <a href="https://en.coin-turk.com/what-will-happen-to-bitcoin-and-ethereum-this-weekend/" data-wpel-link="internal">Bitcoin</a> (BTC) investors, yesterday afternoon and evening were truly a testing phase. As the price struggled to hold above $50,000, the release of US CPI data reversed all price expectations, causing BTC to plummet. Following a drop below $49,000, a rapid recovery ensued, earning the admiration of investors. Bitcoin has since regained strength, surpassing the $50,000 mark and currently appears to have reached the $51,000 level, a point last seen in 2021.</p> 
<h2 style="text-align: justify" id="how-much-is-bitcoin-worth-now">How Much is Bitcoin Worth Now?</h2> 
<p style="text-align: justify">In recent hours, the price of Bitcoin first climbed above $50,000 and currently seems to have crossed the $51,000 threshold. Following a rise of over 3%, this level has sparked enthusiasm among investors.</p> 
<p style="text-align: justify">This price level, last seen in 2021, has materialized after a long wait by investors and reflects the delayed market impact expected post-ETF. After the ETF, Bitcoin had surpassed the $49,000 level, then retracted, leading investors to despair.</p> 
<p style="text-align: justify">The ongoing rise over the past few days seems to have culminated today, with the Bitcoin price progressively distancing itself from the critical $50,000 level. The signs of a rise in Bitcoin were strengthening due to strong entries in spot Bitcoin ETFs and a decline in outflows on the Grayscale side. As of the time of writing, this has been reflected in the price.</p> 
<p style="text-align: justify">As of this writing, the Bitcoin price is trading at $51,062, having momentarily reached as high as $51,381.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-314517" src="https://coin-turk.com/wp-content/uploads/2024/02/BTCUSD_2024-02-14_12-14-21.png" alt="" width="1567" height="857"></p> 
<h2 style="text-align: justify" id="latest-status-of-altcoins">Latest Status of Altcoins</h2> 
<p style="text-align: justify">ETH, Bitcoin’s closest follower, has also seen its price increase by over 2%, surpassing the $2,700 level and reaching a historic high. Additionally, the price of SOL has risen by 0.66%, leaving the $115 level behind.</p> 
<p style="text-align: justify">Lastly, looking at XRP, its price has increased by 0.2%, returning above $0.53, which suggests a move away from the critical $0.5 level.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-price-surges-reclaims-51000-milestone/" data-wpel-link="internal">Bitcoin Price Surges, Reclaims $51,000 Milestone</a></h5>

Bitcoin Price Surges, Reclaims $51,000 Milestone

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