Bitcoin price crossed the $50,000 mark

by in Cryptocurrency News

Bitcoin

On Monday, August 23, the first cryptocurrency surpassed the $ 50,000 level for the first time since falling in May.

Over the past 24 hours, the coin has risen in price by 2.1%, over the week - by 6.6%. Bitcoin capitalization - $ 942.9 billion

Open interest in the bitcoin futures market has reached $ 18 billion.

The Fear and Greed Index is in the green at 79.

Trending: CoinShares: Bitcoin funds raised $8.8 million in a week

On August 20, the price of the first cryptocurrency exceeded $ 48,700, after which it broke through the $ 49,000 level.

Earlier, bitcoin skeptic and supporter of gold, Peter Schiff admitted that the rate of the first cryptocurrency could soar to $ 100,000, and he did not buy the asset in 2011 in vain.

Recall that senior strategist at Bloomberg Intelligence Mike McGlone called Ethereum an obstacle to Bitcoin's growth to $ 100,000.