May 15, 2021

The bitcoin rate for the first time rose above $ 50 thousand.

The bitcoin rate for the first time rose above $ 50 thousand.

This afternoon, the bitcoin rate for the first time crossed the important mark of $ 50 thousand, setting a new all-time high.

The breakdown of the psychological level occurred at 15:30 Moscow time, after which the BTC price continued to rise up to $ 50,616. However, the bulls managed to hold the achieved position only for a short time, as the wave of profit taking quickly cooled the market fuse. At the time of publication, Bitcoin is trading at $ 49.3 thousand with a daily gain of 2.64%.

The bitcoin rate for the first time rose above $ 50 thousand.

Since the beginning of the year, the leading cryptocurrency rate has increased by 68%, which was largely facilitated by interest from outside large investors and businesses.

It is possible that today's growth is associated with a statement by MicroStrategy, which announced a plan to launch convertible bonds for $ 90 million, the proceeds of which will be used to purchase BTC.

As the price rises, the capitalization of bitcoin is gradually approaching $ 1 trillion. To achieve this goal, an increase to $ 53.6 thousand will be required.

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