Hong Kong: Bitcoin went bankrupt over $ 50,000 on Monday for the first time in three months when investors piled back to Cryptocurrency on the purchase of bargains.
The unit rose around two percent to $ 50,249.15, the highest since mid-May, when he began to fall on various problems including Chinese crackdown about Cryptocurrency and the decision of Tesla Boss Elon Musk to stop accepting it about concerns about environmental impacts.
Previously nextthe giant electric car since it showed its support for Bitcoin, while some other high profile investors including the founders of Twitter Jack Dorsey also marked their interest.
Now it has risen more than 70 percent of six-month lows under $ 29,000 that is touched in June, and speculation is circling so that it can start its encouragement to $ 100,000.
Rick Bensignor, at the Bensignor investment strategy, said on Monday that it was “getting closer to the higher tip than what I expected as a new trading range with a low – $ 40,000s”.
Bitcoin is still far from the record just below $ 65,000 achieved in April.
Bitcoin jumped above $ 50,000 for the first time since May
