🚀 Bitcoin (BTC) exceeded $50,000, its highest level in 2 years! 😲 This is the highest price recorded since December 2021. There was a liquidation of $191 million in the crypto market in the last 24 hours. According to Coinglass, $36 million worth of crypto short positions were liquidated in the last hour alone.
📈 Bitcoin increased by 17% and Ether (ETH) increased by 13.5% in the last 7 days. This rally represents a rapid recovery from the "sell the news" dip following the approval of Bitcoin spot ETFs in the US last month.
💰 The price of Bitcoin rose up to $50,256 and dropped to $49,936 at the time of writing. Its market cap is currently $980 billion and expects to reach $1 trillion at a price of around $51,000 per unit.
Do you think this rally will continue? 🤔 We are waiting for your comments! 👇