Bitcoin Price Increases To Over $50,000 Again

By Amit Chowdhry ● Aug 23, 2021
  • Bitcoin is now trading at over $50,000 again. These are the details.

The prices of several major cryptocurrencies went up today. The price of Bitcoin has increased by over $50,000 again since May 15. Dogecoin increased nearly 2% this morning and Ethereum climbed to over $3,300 again.

The prices saw a boost recently after PayPal it would allow UK users to buy and sell cryptocurrencies in the UK, including bitcoin, ethereum, litecoin and bitcoin cash. This is the first international expansion of PayPal’s cryptocurrency offering outside of the U.S.

Bitcoin was trading at nearly half of the amount it is today back in June as China cracked down on digital currencies. And it was trading at somewhere between $30,000 and $40,000 over the last few weeks.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.