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Bitcoin rockets higher for a second day, breaking through $57,000 - TL;DR CNBC

Bitcoin rockets higher for a second day, breaking through $57,000

Publishing timestamp: 2024-02-27 12:44:54


Summary

Bitcoin reaches over $57,000, hitting a two-year high, driven by new U.S. spot bitcoin exchange-traded funds and positive investor sentiment. Demand for bitcoin is outpacing supply, leading to price increases. Other cryptocurrencies are trailing behind, with some crypto equities seeing gains.


Sentiment: POSITIVE

Tickers: SOL.CM=BTC.CM=MATIC.CM=COINCLSKADA.CM=.DXYETH.CM=MSTR

Keywords: solana/usd coin metricsbitcoinbusiness newsdxy us dollar currency indexmarketscryptocurrencymicrostrategy incinvestment strategycoinbase global incethereum/usd coin metricscardano/usd coin metricscleanspark incpolygon/usd coin metricsbreaking news: marketsbreaking news: investingbitcoin/usd coin metrics

Source: https://www.cnbc.com/2024/02/27/bitcoin-surpasses-56000-benchmark-in-latest-rally.html


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