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Bitcoin regains $1 trillion market cap as the cryptocurrency hits over two-year high - TL;DR CNBC

Bitcoin regains $1 trillion market cap as the cryptocurrency hits over two-year high

Publishing timestamp: 2024-02-14 17:11:09


Summary

The value of bitcoin has surpassed $1 trillion for the first time since late 2021, and its price has reached $51,000. The success of U.S. spot bitcoin ETFs has boosted investor sentiment, leading to increased demand for bitcoin. New money has entered the bitcoin market through funds, and related stocks have also seen a surge. Investors are optimistic about the future of bitcoin, especially with the upcoming halving event in April.


Sentiment: POSITIVE

Tickers: BTC.CM=COINRIOTIRENMSTRETH.CM=CLSKMARA

Keywords: breaking news: marketsgrayscale bitcoin trust (btc)coinbase global incriot platforms incbusiness newsexchange-traded fundsbitcoin/usd coin metricsinvestment strategytechnologybitcoinmarketsiris energy ltdcryptocurrencybreaking news: technologyethereum/usd coin metricsmarathon digital holdings incbreaking news: investingcleanspark incmicrostrategy inc

Source: https://www.cnbc.com/2024/02/14/bitcoin-btc-regains-1-trillion-market-cap-after-price-rise.html


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