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Market: Bitcoin crosses $ 50,000 for the first time

Written by mac

After having approached this symbolic threshold in the morning, the price of the cryptocurrency created in 2009 has just settled at $ 50,000 for the first time in its history shortly after 1:30 p.m. on Tuesday.

To infinity and beyond. Falling back to a low of less than 5,000 dollars in mid-March, the price of bitcoin has since experienced a meteoric rise. After crossing the $ 20,000 threshold for the first time on December 16, then that of $ 30,000 on January 2, the cryptocurrency did not stop there and accelerated again, to exceed $ 40,000 on the 8th. January then that of $ 50,000 on Tuesday.

Fueled by particularly buoyant news during the past week, notably with the announcement of an investment of $ 1.5 billion from Tesla, but also announcements from Mastercard or Uber which testify to a massive adoption of cryptocurrency by leading companies, the rise continues at the start of the week.

On Binance, a Bitcoin traded up to $ 50,689 shortly after 1:30 p.m., when it traded around $ 50,500 on Bitfinex, two of the biggest platforms when it comes to trading volumes.

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