Bitcoin price surpasses $50,000 for first time since May 15

Bitcoin

© APA | Bitcoin

# 23 August 2021 07:11 (UTC +04:00)

The price of the Bitcoin cryptocurrency went up over 2.5 percent in the early hours of Monday, briefly surpassing the $50,000 mark, APA reports.

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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