Bitcoin Price is again on the rise crossed $50000(Here is the reason).

On Feb 18 Bitcoin prices crossed the $50000 mark and it's gaining momentum again after a sharp drop in price after the Covid period.

Reasons for the price rise of Bitcoin now may be several like continuous news about the recession in the global market which already started in Japan and Germany.

The second reason for this may be the elections that are happening all over the world in 2024 more than 50% of countries going through their general election including the USA and India which are giant economies.

One more reason for the price rise in bitcoin may be the several wars that directly or indirectly involved all countries of the world and people are finding ways to secure their assets and bitcoin is a good option for them.

With all the above points many people think Bitcoin will become the future asset for the world, but many disagree with this. Read more.

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