Fluctuations in the cryptocurrency world have managed to make investors happy in recent weeks. Bitcoin in the past hours 50 thousand dollars exceeded the price level and reached the highest level in the last three years. This indicates that after the recent decline, the upward trend may be returning.
Bitcoin price exceeded 50 thousand dollars again
Bitcoin price rose to 50 thousand 256 dollars From December 2021 It has reached its highest level since then. Although it was around 49 thousand dollars at the time of writing, its price gained more than 17 percent in one day.
The popular cryptocurrency’s sharp rise last week brought significant gains. According to this Total market cap of Bitcoin It approached the 1 trillion dollar mark. The $50,000 limit was also accompanied by $191 million in liquidations in the crypto market.
Data from Coinglass showed that the largest liquidation was the ETH-USD sale of $3.89 million. It was also stated that more than 57 thousand liquidations were made during the day.
These prices also show that they are more valued against the Turkish Lira. Due to TL/dollar exchange rate price of bitcoin reaching a record high 1 million 532 thousand TL has seen. Bitcoin reaching this price also means that the bulls are back in the market.
However, the altcoin market also rose after the rise of Bitcoin. Second largest cryptocurrency Ethereum Its price increased by 8 percent to 2630 dollars. Binance’s own cryptocurrency BNB It saw the price of 325 dollars.
What is written in this news is for informational purposes only and is not investment advice.
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