Bitcoin Rises Above $50K for the First Time After Months 1
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The crypto currency unit, which has become the most controversial investment tool in recent years Bitcoin, finally crossed the spiritual frontier. The crypto currency unit, which has lost significant value in the last 3 months, has now risen above $ 50 thousand after it started to recover in recent weeks. Bitcoin, which pinned $ 50 thousand 419, with the prestige of 10:00 50 thousand 165 dollars levels. The value reached by Bitcoin is 72 percent higher than the low in July.

Bitcoin last went above $ 50,000 in mid-May. The crypto currency, which entered a downtrend in the next period, Up to around 30 thousand dollars had regressed. But the latest rise made her smile. Because 50 thousand dollars affected both Bitcoin investors and those who invested in altcoins.

The market is generally in an uptrend

Bitcoin Rises Above $50K for the First Time After Months 2

In our audits from Coinmarketcap, it was seen that the crypto money markets in general is in an uptrend we see. In this context, only 2 of the world’s top 10 cryptocurrencies have lost value in the last 24 hours. These cryptocurrencies Ripple and . The decrease rates are 0.16 percent to 2.11 percent.

Note:There are two other altcoins that are in the top ten and are experiencing a decline. These are Tether and USD Coin. But these cryptocurrencies are stable coins. So they are dollar indexed. The downsides, however, can be ignored.

When we look at the table in general, Ethereum’s $3,227, Cardano’s $2.80, Binance Coin $479.30, Ripple $1.24, Dogecoin $0.32, Polkadot $28.25, Solana $73 We can say that it has seen a process for 74 dollars. While the rise in Bitcoin is expected to continue to affect altcoins, investors are expecting a new ATH in Bitcoin, i.e. all time high price they wonder if it will come.

This content is not investment advice.

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