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Bitcoin Nears $50,000 USD, Signaling Rebound

Hypebeast - 22 Aug 2021 22:29
Bitcoin on Saturday approached $50,000 USD per coin, a promising sign after it saw major dips in July.According to Coindesk, Bitcoin reached a 24-hour high of $49,494 USD before dipping slightly on Sunday. As of Sunday afternoon EDT, Bitcoin was hovering around $48,000 USD.Other cryptocurrencies, including the Ethereum-linked Ether, also saw gains on Saturday.Since reaching a record high of nearly $65,000 USD in April, Bitcoin has been averaging around $30,000 USD to $40,000 USD per coin over th...
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