The market value of Bitcoin exceeded $50,000 for the first time in two years

The value of the first cryptocurrency by capitalization on Monday, February 12, on large trading platforms exceeded a psychologically important barrier.

In the evening, the cost of the first cryptocurrency by capitalization broke through the upper support line at $48,300 — $48,500 and rushed up, at some point reaching $50,120. These are values close to the historical records of December 2021.

After a series of aftershocks, the weighted average price of BTC on the world’s leading crypto exchanges varies from $49,910 to $50,046.

After the first bounce from the $50,000 border, the market tested the upward trend again and again.

Co-founder of the investment company Mechanism Capital Andrew Kang and founder of Pomp Investments Anthony Pompliano predicted the possibility of rapid growth in the value of military-technical cooperation against the backdrop of an imbalance in market supply and demand.