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Bitcoin Price Surpasses $50,000 For First Time Since May 15

Sputnik International

MOSCOW (Sputnik) - The price of the Bitcoin cryptocurrency went up over 2.5 percent in the early hours of Monday, briefly surpassing the $50,000 mark. 23.08.2021, Sputnik International

2021-08-23T03:10+0000

2022-12-19T13:53+0000

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Data from the Binance cryptocurrency exchange showed that Bitcoin was trading up 2.5 percent and was at over $50,000 at 02:42 GMT on Monday.Meanwhile, the CoinMarketCap portal showed that Bitcoin’s value was up 2.33 percent, to $49,915.At the start of August, the price of Bitcoin was on the rise, hitting the highest level since mid-May at over $44,000 on August 8.

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Bitcoin Price Surpasses $50,000 For First Time Since May 15

03:10 GMT 23.08.2021 (Updated: 13:53 GMT 19.12.2022)

© REUTERS / Dado RuvicFILE PHOTO: A representation of virtual currency bitcoin is seen in front of a stock graph in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

FILE PHOTO: A representation of virtual currency bitcoin is seen in front of a stock graph in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo - Sputnik International, 1920, 23.08.2021

MOSCOW (Sputnik) - The price of the Bitcoin cryptocurrency went up over 2.5 percent in the early hours of Monday, briefly surpassing the $50,000 mark.

Data from the Binance cryptocurrency exchange showed that Bitcoin was trading up 2.5 percent and was at over $50,000 at 02:42 GMT on Monday.

Meanwhile, the CoinMarketCap portal showed that Bitcoin’s value was up 2.33 percent, to $49,915.

At the start of August, the price of Bitcoin was on the rise, hitting the highest level since mid-May at over $44,000 on August 8.