Bitcoin extends its gains, breaking through the $50,000 level

On Monday, Bitcoin surged above $50,000, reaching its highest point in over two years.

The flagship cryptocurrency’s current price stands at $50,168.36, reflecting a 4% increase, as reported by Coin Metrics.

At its peak, Bitcoin reached $50,334.00, marking its highest level since December 2021.

Ether also experienced a gain of over 5.5%, reaching $2,643.80, and hitting $2,638.62 for the first time since January 12.

Bitcoin concluded its best week since December 8, registering a 10.76% increase by the end of Friday, CNBC reported.

READ MORE: https://www.cnbc.com/2024/02/12/crypto-market-today.html

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