Explaining Bitcoin's Rally: What Catapulted It Beyond $50,000
It's hard to believe, but after a remarkable surge to start 2024, Bitcoin (CRYPTO: BTC) is within striking distance of a new all-time high. Bitcoin climbed almost 25% in just a few days to reach a 52-week high of nearly $53,000 on Thursday.
While several factors are behind the recent jump, two in particular stand out. Here's why Bitcoin passing the $50,000 mark is just a sign of what's to come.
Image source: Getty Images.
Source Fool.com


