4:26 PM ยท 12 February 2024

๐Ÿš€ Bitcoin tests $49,000 area!

Bitcoin, as well as other cryptocurrencies, trades higher today. The world's most famous cryptocurrency is trading 1.5% higher today and tests the $49,000 area. This is the zone that halted advance back in the first half of January. However, the coin enjoyed strong bullish momentum recently and a more sustained break above the $49,000 handle cannot be ruled out.

Sentiment on the cryptocurrency market has been supported by the launch of Bitcoin spot ETFs. More precisely, data continues to show strong inflows into cryptocurrency ETFs. Combined, 9 Bitcoin spot ETFs that launched trading on January 11, 2024 have already attracted over $9 billion in investors' capital. Moreover, market insiders are hinting that institutional investors are also piling into those investment vehicles.

Taking a look at BITCOIN chart at H4 interval, we can see that the coin is trading over 26% above late-January 2024 lows. Price has briefly traded above the $49,000 area earlier today but has pulled back slightly since. 

Source: xStation5

Source: Bloomberg Finance LP, XTB Research

13 July 2026, 11:21 AM

Market Wrap: Geopolitical dรฉjร  vu. Hormuz once again in the center of investors' attention.

9 July 2026, 6:52 PM

Daily Wrap: Technology Leads Wall Street Higher. Markets Shrug Off USโ€“Iran Tensions

8 July 2026, 6:59 AM

Morning Wrap It's getting hot in the Persian Gulf again, oil is back in the spotlight.

2 July 2026, 5:37 PM

๐Ÿ“ˆ Bitcoin climbs above $62K

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits