Bitcoin Reaches 50,000 Dollars,For the First Time Since December 2021
Bitcoin(BTC) price rose to a high of 50,000 dollars on Feb. 12 for the first time since December 2021.
Spot BTC exchange-traded fund inflows and the impending BTC halving in April were the main reasons behind the spike in the price of Bitcoin.
Two months prior to the Bitcoin halving, investors predicted that the price of BTC would attempt to reach its all-time high of $69,800.