The price of the digital currency Bitcoin (BTC) rose to 50 thousand dollars, yesterday, Sunday, the highest level in more than 3 months, as the cryptocurrency continued to recover. The most famous in the world.
The cryptocurrency rose above that level at around 10:40 p.m. Sunday, according to data from CoinDesk.
Bitcoin reached a high of more than $64,000 in April 2021, but it sold heavily in June and July, until it fell below 30 A thousand dollars.
One of the main reasons was the renewed regulatory scrutiny by Chinese authorities that forced bitcoin mining operations to shut down and relocate elsewhere outside of China.
With the start of trading on Monday, the digital currency Bitcoin continued to rise by about 2.1%, reaching the level of $ 50,211 thousand; At the time, its market value reached approximately $945.25 billion.
