BTC Shatters $50k Milestone — What Lies Ahead for Bitcoin?

3Verse Global
1 min readFeb 26, 2024

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The world’s largest cryptocurrency, Bitcoin, hit the $50,000 mark for the first time in more than two years.

Bitcoin touched its highest mark since December 2021 — rising to approximately 16.3% since the beginning of this year.

If this news has amazed you already, then there’s more for you!

According to experts’ projections, Bitcoin may gain a staggering value of $122,000 in 2024 due to the BTC halving event.

However, the question arises — why is the Bitcoin price going up?

Read on to find out!

Bitcoin Price Shoots Up! Bitcoin’s ETF at Play?

MicroStrategy’s co-founder & executive chairman, Michael Saylor has attributed the hike in Bitcoin’s price to the launch of Bitcoin’s ETF.

Wonder why?

Check out the blog to find out!

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