Bitcoin Surpasses the $50K Mark for the First Time Since 2021

By: Isha Das

The global premier cryptocurrency, Bitcoin, has made significant strides by breaking the $50K barrier for the first time since hitting an all-time high in late 2021. After a long bear market period, Bitcoin has shown a substantial growth of approximately 15% over the last week, indicating a revival phase for the cryptocurrency industry. In 2023, the price of Bitcoin has tripled, bringing some respite to the industry plagued by bearish trends.