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"Bitcoin Surges Past $51K, Reclaims $1 Trillion Market Cap"

1 min read
Source: Decrypt
"Bitcoin Surges Past $51K, Reclaims $1 Trillion Market Cap"
Photo: Decrypt
TL;DR

Bitcoin has surged past $51,000, reaching a $1 trillion market cap for the first time since December 2021. The rise is attributed to positive news from spot Bitcoin ETFs, which have seen over $3 billion in net flows within their first month of trading. Additionally, Bitcoin futures contracts have reached a $22 billion open interest, indicating growing investor speculation for a new all-time high before April.

Topics:businesscryptocurrency#bitcoin#cryptocurrency#etfs#futures-contracts#market-cap
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  1. Bitcoin Hits $1 Trillion Market Cap as BTC Blitzes Past $51K  Decrypt
  2. Bitcoin euphoria is back as investors prepare for the quadrennial ‘halving’  CNN
  3. Bitcoin regains $1 trillion market cap after a tumultuous two years for crypto  MarketWatch
  4. Here's what bitcoin's chart says about its next moves after it breached $50000 this week  CNBC
  5. Bitcoin Hits $51K, Regains $1T Market Capitalization  CoinDesk

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