# Bitcoin's Breakout

*Author: Bankless*
*Published: Feb 26, 2024*
*Source: https://www.bankless.com/de/bitcoins-breakout*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/Group-620--1--3.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=what-yuga-should-have-built&email=true)

  

    Bitcoin's Breakout
  
  

  
  Published on Feb 26, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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[**Sponsor: Mantle**](https://www.bankless.com/sponsor/mantle-1706216729?ref=what-yuga-should-have-built&email=true) — Mass adoption of decentralized & token-governed technologies.

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
   Bitcoin's Breakout
  
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/Group-14--41-.png)](https://www.bankless.com/dashboard)- **🔶 BTC's epic pump.** Bitcoin's Monday price buildup nearly took BTC past $55k as traders doubled down on crypto bets.
- 🔺 **MicroStrategy is busy.** MSTR stock is surging, the company [is buying even more bitcoin](https://x.com/saylor/status/1762101030336999899?s=20), and its Twitter account was [hacked](https://x.com/web3isgreat/status/1762175881450062292?s=20), leading to $440k in stolen funds.
- 🌪️ **Tornado Cash facing exploit.** Tornado Cash has had a challenging couple years, and things could get worse. The community [has discovered that malicious code was added by a dev](https://x.com/CoinDesk/status/1762132762230653131?s=20) that could risk user deposits. 

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
    CleanSpark Soars
  
  

  

 
 

📊** Crypto stocks roar. **Crypto prices spiked on the open of the US stock market, sending Bitcoin up 5.7% to set a new cycle high! The true winner is crypto equities; crypto exchange Coinbase (COIN) surged 16%, Michael Saylor’s MicroStrategy (MSTR) ripped 16%, and Bitcoin miner CleanSpark (CLSK) mooned 24%! *Who is bidding our bags?*

[Get Today's Full Market Analysis](https://www.bankless.com/bitcoin-breaks-free)

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.09T
       

  
    
    ↗ 4.6%
    
  

   
    
    ↗ 5.0%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $54,528
       

  
    
    ↗ 5.2%
    
  

   
    
    ↗ 5.0%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,171
       

  
    
    ↗ 2.0%
    
  

   
    
    ↗ 6.7%
    
  

  

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    OPINION

  
  
    
   
  What Yuga Should Have Built
  
  
  
   
     
     Bankless Author: 
     
      [
       
       William M. Peaster](https://twitter.com/WPeaster)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/image---2024-02-26T171333.344.png)](https://www.bankless.com/what-yuga-should-have-built/)**Yuga has had a rough year. **

As the BAYC parent company deals with leadership changes amid a drastically slowed NFT market, community expectations for its still unreleased title, *Otherside*, are getting impossibly high.

How did it end up here? And how are smaller-scale multiplayer crypto titles capitalizing on the disconnect?

***Dig the full opinion*** 👇

[Read the Full Opinion](https://www.bankless.com/what-yuga-should-have-built/)
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