Bitcoin Back Above $50k as Crypto Market Beats Inertia

From decrypt.co

If crypto markets showed signs of stabilizing yesterday after a nasty slump, they’re boasting healthy growth again today. Bitcoin in particular leaped 5% overnight to cross the $50k threshold for the third time this year. It’s now sitting at a price of $50,700. Despite Bitcoin’s extreme volatility recently—on February 21 it tanked from $58k to $49k overnight—achart shared by Glassnode reveals that new Bitcoin buyers didn’t panic sell during the correction, indicating growing confidence in the currency’s long-term prospects. And this weekend, crypto HODLers had their confidence restored when US cloud and ... (full story)