Tuesday, August 9, 2022
Home Business Bitcoin Breaks Above $50,000 For First Time Ever

Bitcoin Breaks Above $50,000 For First Time Ever

- Advertisement -

London: Bitcoin blew through another milestone, surging past $50,000 for the first time as the blistering rally in the largest cryptocurrency continues to captivate investors worldwide.

Bitcoin blew through another milestone, surging past $50,000 for the first time as the blistering rally in the largest cryptocurrency continues to captivate investors worldwide.

The world’s largest cryptocurrency reached about $50,191 as of 7:32 am in New York and is now up about 73% so far this year. Ether, a rival crypto, hit a record on Friday and is up about 140% year-to-date.

The world’s largest cryptocurrency reached about $50,191 as of 7:32 am in New York and is now up about 73% so far this year. Ether, a rival crypto, hit a record on Friday and is up about 140% year-to-date.

After ending last year with a fourth-quarter surge of 170% to around $29,000, Bitcoin token jumped to $40,000 seven days later. It took just nearly six weeks to breach the latest threshold, buoyed by endorsements from the likes of Paul Tudor Jones, Stan Druckenmiller and Elon Musk. Bitcoin traded for a few cents for several years after its debut more than a decade ago.

Tesla Inc.’s announcement that it added $1.5 billion in Bitcoin to its balance sheet was the most visible recent catalyst, sending the price up 16% on Feb. 8, the biggest one-day gain since the COVID-19 inspired financial markets volatility in March.

- Advertisement -
- Advertisement -
Stay Connected
16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe
Must Read

Asia Cup 2022: Jasprit Bumrah Ruled Out Due To Back Injury

Mumbai: Star pacer Jasprit Bumrah has been ruled out of the Asia Cup 2022 T20I meet set to start on August 27. The 15-member squad...
- Advertisement -

CWG 2022: India Continue Medal Rush

London: India’s gold rush continued on Day 10 of the CWG 2022. Three pugilists — Nikhat Zareen (women’s light flyweight), Amit Panghal (men’s flyweight)...

Mamata Meets Modi; Demands GST Arrears

New Delhi: West Bengal Chief Minister Mamata Banerjee held a 45-minute discussion with Prime Minister Narendra Modi on several issues including the state's GST...

China Ship Approaching Lanka Port Keeps India Guessing

New Delhi: A research and survey ship from China is set to dock in southern Sri Lanka's Chinese-run Hambantota Port on August 11. This...
Related News

Asia Cup 2022: Jasprit Bumrah Ruled Out Due To Back Injury

Mumbai: Star pacer Jasprit Bumrah has been ruled out of the Asia Cup 2022 T20I meet set to start on August 27. The 15-member squad...

CWG 2022: India Continue Medal Rush

London: India’s gold rush continued on Day 10 of the CWG 2022. Three pugilists — Nikhat Zareen (women’s light flyweight), Amit Panghal (men’s flyweight)...

Mamata Meets Modi; Demands GST Arrears

New Delhi: West Bengal Chief Minister Mamata Banerjee held a 45-minute discussion with Prime Minister Narendra Modi on several issues including the state's GST...

China Ship Approaching Lanka Port Keeps India Guessing

New Delhi: A research and survey ship from China is set to dock in southern Sri Lanka's Chinese-run Hambantota Port on August 11. This...

Ex-BJP Parliamentarian Babul Supriyo Now Minister In Mamata Banerjee Cabinet

Kolkata: It’s after 392 days, singer-turned-politician Babul Supriyo is again a minister. On July 7, 2021, Babul Supriyo was dropped from Prime Minister Narendra...
- Advertisement -

153 COMMENTS

  1. You’ve made some really good points there. I looked on the internet for more info about the
    issue and found most people will go along with your views on this site.
    0mniartist asmr

  2. I believe everything posted made a lot of sense. However, what about this?
    what if you typed a catchier post title? I mean,
    I don’t wish to tell you how to run your website, however what
    if you added a title that grabbed folk’s attention? I mean Bitcoin Breaks Above
    $50,000 For First Time Ever – The Lateralz is kinda
    vanilla. You should peek at Yahoo’s home page and watch
    how they write article headlines to get viewers interested.
    You might add a related video or a pic or two to
    get people excited about everything’ve written. In my opinion, it could make your
    posts a little bit more interesting. 0mniartist
    asmr

  3. Thanks for another informative website. The place else could I am getting that kind of info written in such a perfect way?

    I have a challenge that I’m just now running on, and I’ve been at the look out for such information.

  4. I was curious if you ever thought of changing the page layout of your blog?
    Its very well written; I love what youve got to say. But maybe you could a
    little more in the way of content so people could connect with it better.
    Youve got an awful lot of text for only having one or 2 images.
    Maybe you could space it out better?

  5. Greetings! I’ve been reading your weblog for some time now and finally got the bravery to go ahead and give you a shout out from Porter Texas!

    Just wanted to mention keep up the fantastic work!

  6. I was suggested this blog by my cousin. I’m not sure whether this post is written by him as no
    one else know such detailed about my problem. You are wonderful!

    Thanks!

  7. Great beat ! I wish to apprentice while you amend your website, how
    could i subscribe for a blog website? The account helped
    me a acceptable deal. I had been a little bit acquainted of this your
    broadcast offered bright clear idea

  8. scoliosis
    I’m not sure where you’re getting your info, but great topic.
    I needs to spend some time learning more or understanding more.
    Thanks for wonderful information I was looking for this information for my mission.
    scoliosis

  9. scoliosis
    I was wondering if you ever considered changing
    the page layout of your site? Its very well written; I love what youve got to say.
    But maybe you could a little more in the way of content so people could connect with it better.

    Youve got an awful lot of text for only having one or 2 images.
    Maybe you could space it out better? scoliosis

  10. dating sites
    Good day very nice web site!! Man .. Excellent .. Superb ..
    I will bookmark your blog and take the feeds also?
    I am satisfied to find a lot of helpful info here in the post, we need work out more techniques in this regard,
    thank you for sharing. . . . . . dating sites

  11. I think this is among the most important info for me.
    And i am glad reading your article. But want to remark on few general things, The website
    style is great, the articles is really excellent : D.
    Good job, cheers

  12. I like the valuable information you supply in your articles.
    I will bookmark your weblog and test once more right here regularly.
    I am fairly sure I will be informed many new stuff right right here!
    Good luck for the next!

  13. Aw, this was an incredibly good post. Taking the time and actual effort to
    make a superb article… but what can I say… I procrastinate a
    lot and never seem to get nearly anything done.

  14. Today, while I was at work, my cousin stole my iPad and tested to
    see if it can survive a 40 foot drop, just so she can be a youtube sensation. My apple ipad is now broken and she has 83 views.

    I know this is entirely off topic but I had to share it
    with someone!

  15. Excellent post. Keep posting such kind of info on your blog.
    Im really impressed by your blog.
    Hey there, You’ve done a fantastic job. I’ll certainly digg it and in my view suggest to my friends.
    I am confident they’ll be benefited from this
    web site.

LEAVE A REPLY

Please enter your comment!
Please enter your name here