IntotheBlock, a blockchain analytics firm, has determined that Bitcoin has remained above $50,000 since yesterday, indicating that very few BTC holders are currently experiencing losses on their investments. The company’s analysis shows that 94% of investors have seen gains on their Bitcoin holdings. Another 6% of investors have witnessed BTC reaching the same price as when they first entered the market. ITB is estimating the average purchase price of BTC by investors. Cependant, c’est juste une approximation. There are probably some investors who purchased Bitcoin near the peak of its all-time high at $64,899 in November 23 and are now hoping for the cryptocurrency to reach that price again. Currently, Bitcoin is priced at $50,107.15, up 4% from yesterday and 17% from last week, according to CoinGecko data. The recent surge in bitcoin prices has increased its market capitalization to $982 billion, which is about three times larger than Ethereum’s market capitalization of $318 billion as of Tuesday morning. Bitcoin had lost its distinction until October last year when there was increasing momentum for the Securities and Exchange Commission to approve a spot Bitcoin ETF. The approval of 11 Bitcoin ETFs last month may have contributed to Bitcoin surpassing the $50,000 mark, as reported by CoinShares. Over $1 billion in assets flowed into crypto funds last week, according to the firm. 98% of the deposits were invested in funds focused on Bitcoin. The majority of the remaining funds came from Ethereum (ETH) and Cardano (ADA). At the same time, the total value of the global cryptocurrency market is approaching the $2 trillion milestone.