Share this article
Bitcoin Sets Fresh Record Above $50K Pushing Yearly Gains to 69%
Bitcoin reached a new all-time high of $50,001.35 Tuesday morning, just days after breaking above $48,000.
By Zack Voell
Updated Sep 14, 2021, 12:11 p.m. Published Feb 16, 2021, 12:30 p.m.
Bitcoin reached a new all-time high of $50,001.35 Tuesday morning, just days after breaking above $48,000 for the first time.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The cryptocurrency's latest pop pushes 2021 gains to 69%.
- Over $400 million in bitcoin futures have been liquidated over the past 24 hours, according to Bybt, with BTC rallying more than 5% over the same period.
- Bitcoin futures contracts on the Chicago Mercantile Exchange hit a high of $50,500.
- Bitcoin's latest record high follows a flurry of institutional and corporate interest in the leading cryptocurrency.
- Last Monday, Tesla bought $1.5 billion worth of bitcoin, which saw the digital asset's price spike by almost $4,000, according to CoinDesk's price index.
- Additionally, in just the past week, Twitter's CFO said the company is considering investing in bitcoin, BNY Mellon announced plans to custody cryptocurrency for its clients and PayPal confirmed its plans to add crypto to its Venmo product.
- The overall crypto market broke $1.5 trillion for the first time on Monday.
See also: Institutions Not Worried About Bitcoin Dropping Below $40K, Options Data Shows
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Juventus Fan Token Slides Over 13% After Tether Bid Rebuff, Even as Club Shares Surge
Juventus Football Club shares surged after stablecoin issuer Tether made, and was rebuffed on, a €1.1 billion takeover bid, while the club’s fan token saw a double-digit pullback.
What to know:
- Juventus' fan token (JUV) fell over 13% after Tether's €1.1 billion takeover bid was rejected.
- Tether's proposal valued Juventus at a 21% premium, marking a significant crypto-backed move into sports.
- Juventus shares rose 14% following the bid's rejection, while the club continues to face financial challenges.
Top Stories
