{"id":246133,"date":"2024-02-13T01:07:03","date_gmt":"2024-02-12T19:37:03","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=246133"},"modified":"2024-02-13T01:07:03","modified_gmt":"2024-02-12T19:37:03","slug":"markets-surge-as-bitcoin-flirts-with-50000-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/markets-surge-as-bitcoin-flirts-with-50000-crypto-news\/","title":{"rendered":"Markets Surge as Bitcoin Flirts With $50,000 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Ether is trading above $2,600, posting double-digit gains on the week. <\/p>\n<div>\n<p>Monday has brought a sea of green to the crypto markets, as <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/what-is-bitcoin\">Bitcoin<\/a> tops the $50,000 mark for the first time since Dec. 2021.<\/p>\n<p>The top crypto asset briefly reached $50,256, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/\">according to<\/a> Coingecko, but has since retraced slightly below the $50K mark, marking an impressive 17% gain over the past seven days. Its market cap is near $1T, currently sitting at $980B.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" class=\"no-underline\"><\/p>\n<figure><figcaption class=\"text-center text-xs\">BTC Price<\/figcaption><\/figure>\n<p><\/a><\/p>\n<p>Fueling the widespread rally seems to be reports that spot Bitcoin ETFs continue to attract substantial inflows. Money also appears to be rotating into other crypto assets as investors pile into altcoins.<\/p>\n<p><!--$!--><!--\/$--><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/what-is-ethereum\">Ether<\/a> has surged, notching up a 4% gain on the day, and is currently changing hands for $2,620.<\/p>\n<p>Every top 10 digital asset is up today, with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/tag\/cardano\">Cardano<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/tag\/chainlink\">Chainlink<\/a> posting the biggest gains of the day. The former trades for $0.56, a 3.4% jump today, while LINK has rallied 3.3%.<\/p>\n<figure><img decoding=\"async\" alt=\"Top Digital Assets\" loading=\"lazy\" width=\"960\" height=\"750.7942973523423\" data-nimg=\"1\" class=\"mx-auto\" id='b' style='filter: url(%23b)' src=\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fc53d71742c82855fbf258152edf21a97822fbeff-982x768.jpg&amp;w=828&amp;q=100\" \/><figcaption class=\"text-center text-xs\">Top Digital Assets<\/figcaption><\/figure>\n<p>Only a handful of the top 100 tokens are registering a red day. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/dymension-raises-almost-7m-releases-testnet-for-layer-2-rollapps\">Dymension<\/a> (DYM) is down 3.1%, trading for $7.29, trailed by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/pyth-network-token-goes-live-with-usd75m-airdrop-for-defi-users\">Pyth Network<\/a>, which has dropped 2.7%.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ether is trading above $2,600, posting double-digit gains on the week. Monday has brought a sea of green to the crypto markets, as Bitcoin tops the $50,000 mark for the first time since Dec. 2021. The top crypto asset briefly reached $50,256, according to Coingecko, but has since retraced slightly below the $50K mark, marking [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":246134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-246133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=246133"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246133\/revisions"}],"predecessor-version":[{"id":246136,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246133\/revisions\/246136"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/246134"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=246133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=246133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=246133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}