Bitcoin price explodes over $50,000!!!
Explore Bitcoin's surge above $50,000 due to US trading and Bitcoin ETFs, and whether it's heading towards a new all-time high.
Which topics should we dive deeper into?
Select what genuinely interests you. Your picks feed directly into our editorial planning.
Crypto news that's actually worth your time.
Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam.
The Bitcoin price has seen a massive increase and has risen above the $50,000 mark for the first time since 2021. The start of trading on the stock exchanges in the USA helped to drive up the price through purchases of Bitcoin ETFs. Is the all-time high near?
How has the Bitcoin price moved in the last few hours?
The Bitcoin price has experienced a massive increase in the last few hours and has reached the $50,000 mark for the first time in more than 2 years . The Bitcoin price is continuing its upward trend of the last few days, in which the price has already risen to over 45,000, 47,000 and at the weekend even over 48,000 dollars.
The $50,000 mark was last reached at the end of 2021, when the Bitcoin price fell from its all-time high of over $68,000 and the bear market began. However, the year 2024 will mark the beginning of a new major bull market.
Why did the Bitcoin price rise?
The Bitcoin price was able to rise so sharply because trading began on Monday morning on the stock exchanges in the USA. This allowed investors to continue to flow capital into the Bitcoin ETFs.
We had already mentioned in the last few days that investors in particular who had exited the Grayscale ETF could now invest in other ETFs. Previously, under US stock exchange law, there was a 30-day ban on reinvesting in Bitcoin ETFs.
Due to the renewed inflows into the ETFs, the Bitcoin price may have been influenced so strongly that we have exceeded the $50,000 mark. After the approval of the Bitcoin ETFs, observers expected prices to rise sharply in the medium term because it will now be so much easier for institutional investors to invest in Bitcoin.
Can Bitcoin reach its all-time high soon?
In this article we asked ourselves whether the BTC price can reach its all-time high in a month. This could have become more likely with the current jump over $50,000 within the first day of trading on the stock exchanges.
Above all, an all-time high before the Bitcoin halving is possible if Wall Street’s interest continues and we don’t see a strong correction. The closer the halving gets, the more interested investors may be in investing before this event. So we could see $70,000 in April.
Buy Cryptos with Bitget with the CHEAPEST Fees
Bitget stands out as a reliable crypto exchange. It provides a user-friendly interface, making it easy for both beginners and experienced traders to navigate and make transactions at the lowest fees on the market. To get started with Bitget, you need to create an account, complete the necessary KYC procedures, and then you can begin trading a variety of altcoins available on the platform.
Related articles
- Bitcoin Hits New All-Time-High as Tesla Purchases $1.5 Billion.
- Bitcoin Price Analysis: Is BTC Price Recovering?
- Bitcoin Soars to $72,000: New all time high reached!
- Bitcoin Price Prediction: Can BTC Price Surge to an All-Time High by Christmas?
- Can Bitcoin Price reach USD 30,000 before 2021? Shocking truth lies ahead
Which topics should we dive deeper into?
Select what genuinely interests you. Your picks feed directly into our editorial planning.
Crypto news that's actually worth your time.
Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam.
February 28, 2024 3:26 PM
Bitcoin Surge to $60,800! Is all time high Coming?
Discover why Bitcoin is surging past $60,000 and its potential to set new records, amidst investor excitement and market volatility.
January 21, 2023 4:40 PM
Crypto Prediction 2023: Bitcoin to 100K and Cardano reaching 2$?
Cryptos can easily reach their previous all-time high prices from the previous years. Let's dive into this crypto prediction 2023.
February 11, 2021 1:21 AM
JP Morgan Doubts Corporate Adoption of Bitcoin
Following Monday’s news that Tesla had purchased $1.5 billion in Bitcoin earlier this year, Bitcoin hit a new all-time high on February 8th. The all-time high was surpassed once again on Tuesday, February 9th when Bitcoin hit $48,003.72. Currently, Bitcoin […]
July 29, 2024 9:15 AM
Bitcoin Price Prediction: Can BTC Price Record A New All Time High Before End Of July?
This week kicked off with renewed energy across the crypto market, fueled with optimism. But would it be enough for BTC price to reach a new all-time high before July ends?
January 21, 2024 2:24 PM
Bitcoin ETFs Rapidly Accumulate 95,000 BTC, Approaching $4 Billion in Assets Under Management
Explore the Surge of Bitcoin ETFs, rapidly amassing 95,000 BTC and nearing $4 billion in AUM, signaling a new era in crypto investment.
February 18, 2024 11:00 PM
Is the Bitcoin price soon going to reach an all-time high? Here’s the easiest way to buy Bitcoin!
Bitcoin prices have been skyrocketing lately. Let us walk you through how to buy Bitcoin from the trusted and regulated Bitget exchange
July 15, 2024 11:02 AM
Bitcoin Price Prediction: BTC Price Surge STARTING or ENDING?
Amid the current market rally, all eyes are on Bitcoin price, especially following the attack on one of its most strategic supporters. With the current BTC price surge, here are the predictions of how high and for how long.
March 3, 2018 5:14 AM
Blockchain Madness Week. What now?
Bitcoin took a fast run towards the big 10 and succeeded even beyond. In just 7 days it rose from its earlier all time high $8000 to $11,000 before it started dropping. For many people this looks like a great […]
October 18, 2023 2:52 PM
Bitcoin Price Prediction: Will The Bull Run Continue?
Bitcoin price prediction: The crypto market recently experienced a surge in prices, largely attributed to the news of the Bitcoin ETF.
February 26, 2024 7:36 AM
Bitcoin Price Prediction: When will the Bitcoin price surge to $70,000?
Recently, Bitcoin's price has surged dramatically over the past few weeks. Let's take a look at this Bitcoin price prediction article.
March 6, 2024 5:35 AM
dogwifhat Price Prediction: Can WIF Price Surge to $3 in the Next Few Days?
Can WIF surge to $3 in the next few days? Let's take a look at this WIF price prediction article in more detail.
March 21, 2024 4:54 PM
ONDO Hits All-Time High! Why ONDO Price is Rising?
ONDO saw a spike in its price, hitting a record high. Why ONDO price is rising? Let's take a look at this in more detail.
February 17, 2021 11:01 AM
Don’t Buy Bitcoins right now, here’s why
ust three months after reaching $20,000 for the first time ever, Bitcoin hit another impressive milestone, climbing above USD 50,000 for the first time ever yesterday. After hovering at $10,000 for most of 2020, Bitcoin has more than quadrupled its value since October 2020. Over the past 24 hours, the crypto market is mostly recovering from a red day, as the majority of the top 10 cryptos were deeply in the red. Although Bitcoin's price is seen soaring high, there are several reasons why it is better NOT to buy Bitcoin at current prices, not because we don't like Bitcoins, but because...well that's what we're going to discuss in this article:
January 7, 2021 11:10 PM
Ethereum Has Surpassed It’s Previous ATH Market Capitalization At $144B!
Ethereum - the largest smart contract platform in the world smashed a new record today by surpassing it's previous All Time High (ATH) market capitalization of $136B. The premier asset is currently trading in a range of $1250-$1270, which gives it a market capitalization of $144B. It's momentum appears intact and the previous ATH price record is also likely to be broken in the next couple of hour!
February 26, 2024 4:26 PM
Can $100 in Theta Network (THETA) turn into $1000 by Bitcoin Halving?
With Bitcoin taking a breather, it's giving altcoins like a chance to strut their stuff. This article is all about THETA price prediction
February 14, 2024 1:45 PM
Bitcoin Reaches $51K Again: What’s Happening?
In this article, we'll talk about Bitcoin hitting $51K again, showing its big comeback and why it's a big deal for folks into crypto.
November 13, 2023 12:57 PM
MEME Coin pumps 44% today: Is MEME coin GOOD to Buy?
Dive into the world of MEME Coin – the crypto sensation born from meme culture! Discover its unique charm, recent 44% surge, and how to navigate this playful market.
October 21, 2023 8:21 PM
Top 5 Altcoins to BUY in October 2023 – Best Crypto Investments
The crypto winds seem to be changing, bringing with them a surge in prices. What are the top 5 altcoins to buy in October 2023?
May 16, 2023 4:59 PM
Cardano Price Down 80% From All-Time High: Opportunity to BUY ADA?
Why is Cardano price down? Is there a possibility that investors in Cardano may witness profitable returns in the coming months?
April 9, 2022 1:34 PM
CELO Made a 30% Surge In A Week! Buy CELO during the Adjustment?
Celo crypto recently made a massive jump of 30% last week. In this article, we will be looking into the details of the project.
February 2, 2021 11:25 AM
Ethereum on the verge of a Breakthrough – Is ETH better than BTC?
Many have been pushing Ethereum into the mainstream, claiming it to be the go-to cryptocurrency of the future. While Bitcoin remains the very first cryptocurrency and the biggest by market capitalization, its market dominance is slowly getting weaker, currently at 62.5%. Is Ethereum's price poised to explode and surpass its previous all-time high?
November 21, 2020 11:14 PM
Bitcoin Price Prediction: BTC aims for $100,000 by 2021 according to this financial model
Bitcoin's current rally is defying all logic, still trading at $15,490 after touching $15,960 on Binance and even $16,000 on some exchanges. At this point, the digital asset seems to be facing little to no resistance towards the all-time high at $20,000.
June 24, 2019 7:39 AM
Bitcoin rises sharply – what are the reasons?
It’s clear to everyone now that Bitcoin is here to stay. The father of all cryptocurrencies is observing some strong gain. With explosive power, last week Bitcoin managed to jump over the psychologically important $ 10,000 hurdle and now seems […]
December 15, 2018 12:24 PM
2018’s Biggest Crypto Fails
Cryptocurrencies were skyrocketing in prices this time last year. Bitcoin was above 15000 dollars and Ethereum was above 700 dollars. Since then, prices have gone down to below 4000 dollars for Bitcoin and below 100 dollars for Ethereum. It has […]
June 12, 2024 2:17 PM
Ethereum (ETH) Price Prediction For BULLISH And BEARISH Scenarios
The latest analysis of Ethereum's price movements as of June 12, is divided between the 2 scenarios: bullish and bearish. But what drives each, and which is more likely to occur?
More from CryptoTicker