Breaking News: Bitcoin Climbs Above $50k for the First Time Ever

Published February 17th, 2021 - 07:00 GMT
Breaking News: Bitcoin Climbs Above $50k for the First Time Ever
BTC is up more than 62% since the beginning of this year. (Rami Khouri/Albawaba)
Highlights
What could be next for Bitcoin?

After a wild week, it looks like the continuous rise of bitcoin is unstoppable now. the flagship coin (trading now $50,896) mooned to a new all-time high breaking above $50,000 at the time of writing.

Source: Coinmarketcap

As we mentioned earlier, the price rally could be driven by the adoption and acceptance of the currency among mainstream investors.

 

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