Tags : 51K

Market

Bitcoin Poised for Short-Term Gains Past $51K as MicroStrategy Upsizes

Bitcoin’s rally could continue in the short term, analysts and traders said, after the largest cryptocurrency by market cap surged on Wednesday to a new all-time-high price above $51,000.  At press time, bitcoin’s price is above 10-hour and 50-hour moving averages on the hourly chart, a bullish signal for market technicians.  “On the hourly time […]Read More

Market

Bitcoin Hits New High Above $51K, Shrugging Off Rising Bond

Bitcoin’s dizzying bull run is showing no signs of slowing down despite an uptick in U.S. government bond yields. The cryptocurrency market leader set a new lifetime high of $51,348 early Wednesday, having penetrated the psychological level of $50,000 on Tuesday for the first time, according to CoinDesk 20 data. Prices have risen by 53% […]Read More