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HomeNewsBitcoin Hits $51,300; Analyst Says $50K Might Be New Normal

Bitcoin Hits $51,300; Analyst Says $50K Might Be New Normal

Bitcoin has reached its highest price in history at $51,300. After pulling in gains and recording new highs over the past week, the leading crypto asset finally crossed $51,000 on the 17th of February.

In a tweet, Peter Brandt said that Bitcoin is in its third parabolic advance in 10 years. He :

notedAt press time, Bitcoin is up 6.33% to $51,413.78. With a market cap of over $957 billion, the digital currency has gained 7.11% to more than $76 billion in its 24-hour trading volume. 

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