Bitcoin rises and returns above $ 50,000 for the first time in three months. The cryptocurrency has in fact marked a rise that takes it to $ 50,316.87, the highest levels since mid-May. From that period bitcoin began a descending lateralization, perhaps due to the Chinese ban against miners; Elon Musk’s decision to stop accepting him for the purchase of his cars, and then reopen if production is greener; Amazon’s denial of crypto payments by the end of the year; or for all these reasons.
During this time, support has also come from other high-profile investors, including Twitter founder Jack Dorsey. Thus the cryptocurrency has once again climbed the prices.
In June, Bitcoin had dropped below $ 29,000 and then regained 70% of its value. The projections of some analysts that Bitcoin could reach $ 100,000 by the end of the year still remain valid. However, they are still a long way off the all-time high of April, when they stood close to $ 65,000.
Meanwhile, PayPal extends its cryptocurrency service beyond the United States. The digital payments platform launches a new service this week that allows its UK customers to buy, hold and sell Bitcoin, Ethereum, Litecoin and Bitcoin Cash.
