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

© 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
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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.
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