Bitcoin breaks $50,000 barrier after over two years
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City AM
City AM
By Vivek Kumar Bitcoin has surged past the $50,000 mark, marking its highest level since 2021. This surge highlights a significant shift in investor interest, largely attributed to the introduction of mainstream bitcoin investment funds. The cryptocurrency market has experienced significant growth, with Bitcoin gaining nearly 15% since the start of the year. This growth is largely attributed to the US Securities and Exchange Commission’s approval of several spot bitcoin exchange-traded funds (ETFs), which offer investors regulated exposure to bitcoin’s price, alongside anticipated interest rat…