Posted 2/12/2024, 4:14:25 PM
Bitcoin Surges Past $50,000 as Investor Interest Heats Up Ahead of 2024 Halving
- Bitcoin price breaks $50K for the first time since hitting all-time high of $69K in November 2021
- Currently up over 15% in the last week and 16% in the last month
- Rise attributed to big investors stockpiling BTC and renewed Wall Street interest
- Comes ahead of Bitcoin halving in April when miner rewards will be reduced
- Global crypto market cap now at $1.9 trillion after briefly surpassing $3 trillion in November