Bitcoin crosses $ 50,000 mark for the first time

Fueled by a climate of confidence brought by the announcements of several companies ready to engage in the cryptocurrency ecosystem, the Bitcoin went from record to record since the start of the year.

The time when all eyes were on cryptocurrency when it was close to $ 20,000 in 2017 is already a long way off. Already revitalized in the second half of 2020, it happily crossed $ 30,000 in early 2021 and then 40,000. dollars.

While some large financial players and analysts warn of the danger of the high volatility of virtual currencies and call for regulation, several large companies have shown their confidence by starting to accept payments in bitcoin, a sign of growing confidence.

Added to this were recently Elon Musk’s tweets around Tesla’s $ 1.5 billion purchase of bitcoin, which continued to fuel the growth of virtual currency to carry it for the first time. over $ 50,000.

If the specter of the violent fall in value in 2018, just after its first record, remains in our memories, the context is now different with the presence of long-term players ready to cushion the setbacks by buying back bitcoin at a lower price. pricing on large volume transactions.

The fear of a financial bubble that will eventually burst still exists, but forecasts of a bitcoin value that could climb to $ 100,000 and beyond are equally enticing to speculators.


Source: GNT – actualit├ęs by www.generation-nt.com.

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