be_ixf;ym_202103 d_08; ct_50

Select Page

Bitcoin Hits $50,000 — and the Rally Just Started

Bitcoin Hits $50,000 — and the Rally Just Started

Bitcoin has had an incredible run since it first started trading in 2010.

The cryptocurrency initially cost less than a penny. But earlier this week, it passed the $50,000 mark for the first time.

There are three big pieces of news behind its latest uptrend:

  • Tesla added $1.5 billion in bitcoin to its cash holdings.
  • Mastercard will allow some of its merchants to accept cryptocurrencies as payment.
  • A major New York bank announced it will begin holding cryptos for its clients.

In today’s Market Insights video, I explain what these developments mean for bitcoin, and where the crypto’s price could be headed next.

(If you’d prefer to read a transcript, click here.)


Ian King

Ian King

Editor, Automatic Fortunes

Newsletter Sign Up




"Since I started following your secret over your multiple publications, my $659,000 account is up to $715,000 in just 2 months. I’m up $56,000 in one month alone."

- Will O.

“Paul, in September of 2017, I decided to go ‘all in’ on my stock positions and follow the portfolios in your services. My account value was $335,000. As of today, it totals 1.1 million dollars! Yes, that’s tripling my money in less than 3 years.”

- Suzie M.

“Looks like I have finally found the right person to learn and grow from.”

- James

Share This