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Bitcoin extends its gains, breaking through the $50,000 level - TL;DR CNBC

Bitcoin extends its gains, breaking through the $50,000 level

Publishing timestamp: 2024-02-12 12:54:45


Summary

Bitcoin reached its highest level in over two years, surpassing $50,000. Positive sentiment has returned to the crypto market, with inflows into spot-bitcoin ETFs increasing. If Bitcoin can break through a key resistance level, it may reach new highs. This price increase also led to gains in crypto-related stocks such as Coinbase, Microstrategy, Riot Platforms, Marathon Digital, CleanSpark, and Iris Energy.


Sentiment: MIXED

Tickers: RIOTMSTRBTC.CM=IRENMARACLSKCOIN

Keywords: microstrategy inccoinbase global incbitcoincryptocurrencybreaking news: marketscleanspark incmarketsbusiness newsbitcoin/usd coin metricsmarathon digital holdings incgrayscale bitcoin trust (btc)riot platforms inciris energy ltdtechnology

Source: https://www.cnbc.com/2024/02/12/crypto-market-today.html


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