Bitcoin breaks through $50,000 and hits a new high since May 15

After nearly three months of weak performance, Bitcoin has once again surpassed the $50,000 mark since mid-May. In the past three months, Bitcoin has been hovering between $30,000 and $40,000.

As of press time, the maximum rose to $ 50,243.90 bitcoins, now offer $ 49,961.58, up 2.95% intraday, while Ethernet Square also rose to $ 3327.67, days, or about 4.6%. According to CoinGecko data, the current market capitalization of Bitcoin accounts for 42.4%, and the market capitalization of Ethereum accounts for 17.6%. The total market value of cryptocurrencies has reached $2.2 trillion.

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Three Arrows Capital (Three Arrows Capital) co-founder and CEO SuZhu recently announced on Twitter his prediction of the price of Bitcoin-88888 US dollars, and said that Bitcoin will reach this in less than two months. Target price. Earlier, Kyle Davies, another co-founder of Three Arrows Capital, stated on Twitter that Bitcoin seems to want to use a “super cycle” to hit all-time highs.

Another Bitcoin Treasuries data show that there are 34 listed companies, two countries, six private companies, 14 related to Bitcoin ETF owned 216,692 pieces, pieces of 259,870, 174,068 pieces, 816,379 pieces of BTC .

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It is worth noting that the well-known payment institution PayPal plans to expand its encryption backwall service to the UK starting this week, allowing customers to buy, sell and hold four different cryptocurrencies on its platform. This is the first time PayPal has expanded its cryptocurrency services outside the United States. PayPal stated that users will be able to conduct bitcoin, ether, litecoin and bitcoin cash transactions at a minimum price of 1 pound . Customers must have verified their identity before they are eligible to trade.

 

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/bitcoin-breaks-through-50000-and-hits-a-new-high-since-may-15/
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