Bitcoin hit the $50,000 level for the first time in more than two years

The price of bitcoin peaked at about $69,000

The cryptocurrency has risen approximately 16.3%

The surge in bitcoin's price is attributed to market participants

Positive sentiment has returned to the crypto market after big outflows

Demand for spot-bitcoin ETFs remains robust

Investors have been eyeing roughly $48,600

The surge in bitcoin's price has also positively impacted related stocks

The price of ether, the second-largest cryptocurrency

The surge in bitcoin's price is a significant milestone for the cryptocurrency,