Bitcoin trades $50,000
It seems the king is back. One should still expect further government regulations which might further affect the price of cryptos
The future is bright and we anticipate the promises blockchain brings even as it solves market frictions. From Onewattsolar to Zuga Coin, Blockchain to the world
Bitcoin has spent the month of August extremely bullish by gaining over 23% so far for the month from $39,974.90 at the beginning to currently stand above the $50,000 resistance zone, as of the time of this writing. The altcoin cryptocurrency market has also been very bullish with major cryptocurrencies like ADA, XRP, ETHER, and AXS posting double-figure gains.
The flagship cryptocurrency has now surpassed the $50,000 level which many believe was the last biggest challenge Bitcoin had to face before pushing