Just recently Bitcoin (BTC) managed to surpass the $ 50,000 high!
The latest surge is one of the best achievements in its existence in 12 years successfully recorded on the Binance exchange.
Indirectly, Bitcoin is now approaching a six-digit price with market capitalization approaching $ 1 trillion.
Bitcoin took 39 days to reach $ 50,000 after surpassing $ 40,000 for the first time on January 7.
Bitcoin jumped to higher levels, adding 30% over the past week and earning year-over-year profit of over 400% after reporting on investment units under Morgan Stanley that are exploring bets in bitcoin.
At the same time, bitcoin saw a steady inflow of $ 367 million as many large firms and funds began to use bitcoin as a treasury and investment asset.
For example, the crypto industry was shocked by Tesla's $ 1.5 billion investment in Bitcoin last week.
