Bitcoin Rallies to Over $50K, Sparking Hopes of New Crypto Bull Run
-
Bitcoin and other cryptocurrencies slipped Friday, paring gains after hitting highest level since May 2022.
-
Bitcoin rally this week took it to over $50,000, its highest since crypto crash last year.
-
Crypto traders remain optimistic that the rally is just beginning.
-
Bitcoin remains over 40% below its all-time high near $69,000 from November 2021.
-
Strong gains this week have revived speculation of a new bull run for cryptocurrencies.