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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: RIOT,  MSTR,  BTC.CM=,  IREN,  MARA,  CLSK,  COIN, 

Keywords: microstrategy inc,  coinbase global inc,  bitcoin,  cryptocurrency,  breaking news: markets,  cleanspark inc,  markets,  business news,  bitcoin/usd coin metrics,  marathon digital holdings inc,  grayscale bitcoin trust (btc),  riot platforms inc,  iris energy ltd,  technology, 

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


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