Home » Bitcoin surpasses $ 50,000, first in three months

Bitcoin surpasses $ 50,000, first in three months

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BEIJING. Bitcoins are back above $ 50,000 for the first time in three months. The most popular cryptocurrency marks an increase of 3.47% on Asian markets around 13 local (7 in Italy), to 50,316.87 dollars, to its highest levels since mid-May, when the downward trend for a series of problems began. including China’s crackdown on cryptocurrencies and Tesla boss Elon Musk’s decision to stop accepting it for the purchase of electric cars over fears of the environmental impact of the ‘mining’ of digital currency.

Later, however, Tesla and Musk indicated renewed support for bitcoin, while other high-profile investors, including Twitter founder Jack Dorsey, moved in the same direction, raising prices. At the state, the cryptocurrency has appreciated by more than 70% from the lows of six months when in June it dropped below $ 29,000: while the projections that Bitcoin could head towards $ 100,000 still remain valid for some analysts, at the state, however, they are still a long way off the all-time high of April, when they stood just under $ 65,000.

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