Bitcoin eventually exceeded the $ 50,000 mark

Bitcoin reached as much as $ 50,584, but then its price went down sharply. Within minutes, the cryptocurrency weakened by $ 1,300. The $ 50,000 mark in recent days has represented price resistance that has withstood several times.

“Bitcoin is becoming more expensive due to the growing interest of established companies in the financial world, such as Mastercard, in bitcoin and cryptocurrencies in general. Its price is driven up by, for example, the fact that the Canadian regulator has recently dedicated the creation of the first exchange-traded fund, which will invest directly in bitconts, not indirectly, in derivatives, “says Lukáš Kovanda, chief economist at Trinity Bank.

He also added that the main impetus for the growth of the price of bitcoin was the information from last week, when it became clear that the carmaker Tesla had invested one and a half billion dollars in bitcoin.

The demand for bitcoins is also increasing sharply in the Czech Republic. In January, interest was at least double compared to December, with demand increasing almost fivefold year-on-year, according to data from Bitstock.com and the Kurzy.cz server.

Current bitcoin rate:

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Source: E15.cz by www.e15.cz.

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