Bitcoin pulls back from brink of $50,000

Bitcoin pulls back from brink of $50,000
# 15 February 2021 12:50 (UTC +04:00)

Bitcoin pulled back from a record high on Monday and other cryptocurrencies slipped, as investors took profits from a record-breaking rally that had pushed bitcoin close to $50,000, APA reports citing Reuters.

Bitcoin fell as much as 5.6% to $45,914 in Asian trading hours after having posting a record peak of $49,714.66 on Sunday, while rival crypto ethereum slid more than 8%.

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