Bitcoin Price Breach $55,000 – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides


Abstract Of The Week

Because the week began with a sea of inexperienced candles, bitcoin’s worth breached $50,000 for the primary time since early September after which went on to breach $55,000 for the primary time since Might. Bitcoin appears poised to rally all through the remainder of the yr as extra institutional assist gathered during the last week, which is all the time signal. Right here’s what occurred in Bitcoin this week:

Bullish Information To Drive The Value Up

Monday began off with bullish information from El Salvador when their president, Nayib Bukele, revealed that the nation had seen over 3 million people sign up to use its Chivo bitcoin wallet in simply 26 days, which implies over two-thirds of adults within the nation now use the app, which in itself is a outstanding feat.

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