Weekly Crypto Roundup: Updated 14 February 2024

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Cryptocurrencies, particularly Bitcoin (BTC), have shown positive performance this week, surpassing $50,000 for the first time since December 2021. This increase is influenced by factors like the successful launch of spot Bitcoin ETFs and growing interest from institutional investors. The ongoing accumulation of Bitcoin by large investors and the upcoming halving event in April are creating a significant supply-demand imbalance.

With Bitcoin hitting $50,000, do you anticipate it climbing to $60,000 in the near future?

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