The price of Bitcoin (BTC) experienced a significant surge on February 12th, reaching its highest level since December 2021. Market participants were excited about the influx of spot BTC exchange-traded funds and the upcoming BTC supply halving in April, which boosted investors’ expectations.
As of now, the Bitcoin price has reached a session high of $50,188, marking a gain of over 4% according to data from Cointelegraph Markets Pro and TradingView.
With the $50,000 milestone achieved approximately two months before the Bitcoin halving, investors are hopeful that BTC will make a strong push towards its all-time high of $69,800, last observed on November 8th, 2021.
Please note that this is an ongoing story, and any further information will be provided as it becomes available.
This article does not provide investment advice or recommendations. Every investment and trading decision carries risks, and readers should conduct their own research before making any decisions.
Bitcoin reaches $50,000 milestone, marking its highest value since December 2021.
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