The value of Bitcoin, the world’s most prominent virtual currency, has once again crossed 50 thousand dollars. On Monday, its trading in Asian markets was around $ 50,093. The value of Bitcoin has crossed 50 thousand dollars for the first time since mid-May. Virtual currencies such as Ether and Cardano ADA are also improving due to the steady improvement in the cryptocurrency market. All cryptocurrencies like Dogecoin, Stellar, Uniswap, XRP, Litecoin, Cardano saw gains in the last 24 hours. It is worth noting that earlier in May, bitcoin had crossed the $ 50 thousand mark. But after mid-May, the value of Bitcoin was broken.
On 16 April 2021, Bitcoin touched the record figure of $ 63347. After this, bitcoin continued to fluctuate. Before this, even in February 2021, bitcoin was above 60 thousand dollars. At the beginning of May 2021, the value of Bitcoin was above 50 thousand dollars, but after mid-May, it fell sharply.
The value of Bitcoin
In June 2021, bitcoin reached around 35 thousand dollars. Since then it has been seeing ups and downs, but it has continued to move upwards. On Monday 22 August, bitcoin again crossed the $ 50 thousand mark, gaining 3.5 percent. For the past several weeks, bitcoin was trading in the range of 30 to 40 thousand dollars.
The talk on cryptocurrency is in full swing these days. A large number of people have invested money in cryptocurrencies. Although some people believe that cryptocurrencies are not safe. Meanwhile, a photo related to cryptocurrency is becoming increasingly viral on social media. In the photo going viral on social media, it is seen that the auto driver has written in his auto that he takes payment in cryptocurrency also. This photo was posted by a user named Rishi Bagree.