November 7, 2024

 

For another time in less than two weeks, cryptocurrency Giant, Bitcoin has moved above fifty thousand dollars.

As at the time our correspondent checked, BTC was hovering around $50,200. However, it has reached $50,386 moments earlier.

This is the second time the cryptocurrency will reach that mark since it fell freely in the month of May after reaching all time-high of $64,000. It reached $50,500 last month.

Many investors loss several billions of dollars in assets to the coin that its movement determines the crypto market.

Ethereum, Dogecoin and Cardiano (Ada) have also moved higher but still some way behind their May price.

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