The price of Bitcoin exceeded $50 thousand for the first time since December 2021 – Kommersant
The bitcoin rate rose above $50 thousand for the first time since December 27, 2021. As of 20:19 Moscow time, its trading value grew by 3.83% and reached $50.062 thousand, follows from the site data Coindesk.
As of 20:27 Moscow time, Bitcoin reduced its growth to $49.725 thousand (+3.49%). Yesterday, January 11, the cryptocurrency reached its previous high in 2024 - $48.9 thousand. The growth occurred against the backdrop of the launch of trading in shares of spot exchange-traded funds (ETFs) based on Bitcoin.
The launch of the first ETFs directly affected the performance of the entire crypto market. According to Coinmarkecap.com, its capitalization reached $1.84 trillion, this is the maximum since June 2022. Already against the backdrop of the approval of fund rules by the US Securities and Exchange Commission on January 10, the bitcoin rate reached $47.7 thousand.
Read more in the Kommersant article. “Bitcoin entered American exchanges”.
