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  • Writer's pictureFlorent Depoilly

Bitcoin Closes Week Strong, Simmering Above $51K


 
  • Bitcoin reached a new high of over $52,000 this week, boosted by institutional demand and ETF approvals.

  • Bitcoin dipped on Valentine’s Day due to higher inflation in the U.S., but quickly recovered and maintained its momentum.


Bitcoin Closes Week Strong, Simmering Above $51K

  • Ethereum also rose to a record high of $2,792, while Solana briefly surpassed Binance Coin as the fourth-largest cryptocurrency.

  • Meme coins such as Bonk, Pepe, and Dogwifhat also gained popularity and value over the week.

  • Bitcoin’s rally is expected to continue as the halving event approaches and more investors flock to the crypto space.


 

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