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Bitcoin explodes: buy now – or wait?




In the crypto markets, all eyes are currently on Bitcoin again: the key currency is again at a top level. But one thing is different this time than usual.

Bitcoin breaks the $ 50,000 mark.  Photo: Panthermedia.net

Bitcoin breaks the $ 50,000 mark.

Photo: Panthermedia.net

Bitcoin has had a strong 48 hours behind it: The BTC cops started trampling on the weekend, pushing the coin above the psychologically important $ 50,000 mark. That alone is nothing special: Bitcoin has risen above $ 50k several times in the past few weeks – but has always been rejected and as a result has repeatedly withdrawn below the range.

This time, however, it went differently, because: The buyers did not slacken, but instead brought the number 1 cryptocurrency upwards step by step in terms of market capitalization. Initially at over $ 51,000 – a price that was last reached in May. And then in the late evening hours yesterday to new local highs of $ 52,670.


Hasan Sheikh
Hasan, who loves technology and games, is studying Computer Engineering at Delhi JNU. He has been writing technology news since 2016.
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