Bitcoin Suddenly Touches $50,400, Adding $1,500
Yuri Molchan
The world’s largest cryptocurrency has just topped $50,000 for the second time today, printing a large hourly candle
News
Tue, 02/16/2021 - 12:42
Cover image via stock.adobe.com
Pushed by the bulls, Bitcoin has just soared from $48,900 to the $50,700 level, adding over $1,500 in less than an hour.
The chart on TradingView shows a large green candle, leading to the $50,700 zone—a new all-time high.
Image via TradingView
At press time, Bitcoin is sitting at $50,399 per coin. BTC surged to $50,000 earlier today but then quickly retraced.
On Jan. 7, the flagship crypto surpassed $40,000 for the first time and has now taken slightly over a month to surpass $50,000.
About the author
Yuri Molchan
Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.