The value of Bitcoin exceeded $ 50,000. The world’s most expensive cryptocurrency, Bitcoin, has risen again. The price of Bitcoin rose 5 percent to 50,942.58 on Wednesday. Compared to the previous day, the price of Bitcoin has increased by 2,426 dollars 23 cents.
The price of Bitcoin, which was 27,734 on January 4, has risen 83.7 percent since then.
On February 21, the price of Bitcoin reached an all-time high of 58,354.14 cents. Then came the fall in prices.
Companies including Tesla and MicroStrategy have invested billions of dollars in Bitcoin and the value of Bitcoin has skyrocketed. Bitcoin’s popularity also skyrocketed due to companies such as BNY Mellon, Black Rock, and MasterCard.
Ether, another cryptocurrency affiliated with the Etherium blockchain network, also rose 7.18 percent to 1,595 on Wednesday.
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