The price of Bitcoin reached $50,000 for the first time in two years. It is up 3.89% over the past 24 hours and is trading at $50,013 as of Tuesday, 7:04 A.M. Hong Kong time. Bitcoin has risen 16.3% so far this year.

Analysts have attributed Bitcoin’s strong performance to the increased inflow into BTC spot ETFs in the past week. Outflows from the Grayscale Bitcoin Trust also continued to slow down.

Other forces influencing Bitcoin’s price are expectations of interest rate cuts later this year and the next bitcoin halving, set to occur in April. The price of Bitcoin historically rises during this period. 



It’s the first time to reach this mark in more than two years. 


Tue Feb 13 2024

Bitcoin Hits $50K

FTX Creditors File Class Action Against Bankruptcy Law Firm

Revolut to Distribute $1.2 Million in BONK

Starknet Foundation’s Plan to Distribute STRK Token

The Korea Times: South Korea to Remove ‘Unfit’ Crypto Exchanges

SEC Postpones Decision on Fidelity's Spot Ethereum ETF Proposal

Revolut to Distribute $1.2 Million in BONK

Tue Feb 13 2024 Bitcoin Hits $50K

FTX Creditors File Class Action Against Bankruptcy Law Firm

Revolut to Distribute $1.2 Million in BONK

Starknet Foundation’s Plan to Distribute STRK Token

The Korea Times: South Korea to Remove ‘Unfit’ Crypto Exchanges

SEC Postpones Decision on Fidelity's Spot Ethereum ETF Proposal

Revolut to Distribute $1.2 Million in BONK

Tue Feb 13 2024

Bitcoin Hits $50K