The world's largest digital currency by market value rose to $49,821 on Saturday afternoon in New York, according to data from Coinbase. It was trading at a price of $48,876 as of 10 a.m. ET on Sunday.
The recovery comes after Bitcoin was trading at a price between roughly $30,000 and $40,000 over the last several months. It had dropped from a record of almost $65,000 in mid-April.An illustration showing physical bitcoins alongside binary code displayed on a laptop.neared $50,000 as it continues to rebound after months of weakness
The world's largest digital currency by market value rose to $49,821 on Saturday afternoon in New York,The recovery comes after Bitcoin was trading at a price between roughly $30,000 and $40,000 over the last several months. It had dropped from a record of almost $65,000 in mid-April. Ether, the coin linked to the ethereum blockchain network, also rose recently, reaching $3,295 early Saturday,
“Months of weakness”🤡
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