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