Cryptocurrency

Bitcoin breaks through the $50,000 level #Shorts



Bitcoin jumped above $50,000 Monday, at one point reaching its highest level in more than two years.

The price of the flagship cryptocurrency was last higher by 4% at $50,168.36, according to Coin Metrics. Earlier, it rose to $50,334.00, its highest level since December 2021.

What a run in Bitcoin what’s changed just the last two or three weeks Tom well we know that the ability to buy Bitcoin has changed a lot Brian with the launch of the ETFs and there are multiple ETFs and it it makes it easier now for people who have traditional

Brokerage accounts to buy Bitcoin I think it’s a wonderful development because it is really allowing people to finally have exposure without having to necessarily store their own private keys

19 Comments

  1. Lee in 2021 through 2022: "Bitcoin going to $100K+." It should be quite obvious that he (nor any other crypto promotor) has any real insights to price action. Crypto is 100% speculation-driven = price action impossible to predict. However, there's no current "use case" for crypto and if that remains true, prices will reach zero over the long term. Have a nice day.

  2. And just like that, something made to be decentralized became somewhat centralized. Unless you have a private key or can touch the gold you don't really own it.

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