Bitcoin Explodes Above $50,000 as Total Market Cap Adds $100B In 24 Hours

Bitcoin has added $3,000 since yesterday’s low and has overtaken $50k. Ethereum’s 6% increase has driven ETH to nearly $1,700.

After flirting with the coveted $50,000 price tag, BTC has initiated a leg up that has spiked the price above it. Will this flit be longer than the last ones? only time will tell.

Meanwhile, most altcoins have also followed their leader on its way north. Ethereum, the second-largest crypto, has neared $1,700 just two days after bottoming at $1440. The total market cap has added $100 billion in a day.

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