Klever News

Share this post
Bitcoin Breaks $50,000 For The First Time In History
news.klever.io

Bitcoin Breaks $50,000 For The First Time In History

BTC has climbed above the psychological price barrier of $50k, as Bitcoin rose beyond $50,600 on February 16, amid growing mainstream adoption and global acceptance.

Misha Lederman
Feb 16, 2021
Comment60
Share

Share

Bitcoin (BTC) is having a truly historic day as BTC broke the psychological price barrier of $50,000 on Tuesday, February 16. BTC has reached a top of $50,689 at the time of writing.

The surge above $50k comes roughly a week after it was revealed the Elon Musk’s Tesla have invested $1.5 billion into Bitcoin, and is planning to accept Bitcoin as payment for its product in the future.

What many forget is that Tesla’s major BTC move has only been made public through filings with the Securities and Exchange Commission (SEC), and neither Tesla nor Elon Musk have yet to speak about their Bitcoin investment in public. When they actually decide to go public with their BTC holdings and future plans to accept BTC as payment, it will likely have a massive impact on the already surging Bitcoin and crypto markets, so we’re in for quite the ride.

Tesla and Elon Musk are just the tip of the iceberg of the current BTC craze, as mainstream acceptance and institutional interest in Bitcoin are both surging over recent months.

Trade Bitcoin with close to 30 different coins and tokens in Klever Swap at the click of a button.

Read more about Bitcoin adoption in our latest BTC article:

  • BTC Hits New ATH As Mastercard & America's Oldest Bank Join Bitcoin's Party

  • Tesla buys $1.5 billion of Bitcoin, set to accept BTC as payment

  • Elon Musk Changes Twitter Bio To #Bitcoin, Causing BTC To Surge In Price

  • BlackRock, World's Largest Asset Manager Enters Bitcoin's Institutional Craze

Sincerely,

Misha Lederman

Director of Communications at Klever.io

Leave a comment

Download Klever App

Comment60
ShareShare

Create your profile

0 subscriptions will be displayed on your profile (edit)

Skip for now

Only paid subscribers can comment on this post

Already a paid subscriber? Sign in

Check your email

For your security, we need to re-authenticate you.

Click the link we sent to , or click here to sign in.

Taua
Feb 18, 2021

How much do I need in my TronWallet to join you

Expand full comment
Reply
Emmanuel
Feb 17, 2021

Send me ½bitcion

Expand full comment
Reply
58 more comments…
TopNewCommunity

No posts

Ready for more?

© 2022 Klever
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing