Bitcoin's euphoria as price keeps rising

By Agence France-Presse

Feb 17, 2024 12:14 am

LONDON: Bitcoin is forecast to keep on rising after hitting fresh two-year highs above $50,000 on Thursday, leaving analysts to wonder whether investors have moved on from recent cryptocurrency setbacks, including scandals.

The world's biggest cryptocurrency reached $52,749, a high since December 2021. Its market capitalization also went back above $1 trillion this week, according to cryptocurrency data platform CoinGecko.

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