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CRYPTOCURRENCY - Bitcoin rises over $50K level

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The price of Bitcoin increased over the 50,000 dollars level over the weekend, after falling to 48,000-dollar level, on the 10-year U.S. Treasury yield climbed back above the 1.5 percent level when Federal Reserve (Fed) Chair Jerome Powell said there was potential for a temporary jump in inflation and that he had noticed the recent rise in yields. 

NEWS IN ENGLISH 08.03.2021, 08:45
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CRYPTOCURRENCY - Bitcoin rises over $50K level
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Bitcoin hit the all-time high of 58,330.57 dollars on February 21, with the support of rapidly increasing corporate purchases recently. 


Bitcoin increased by 1.55 percent in the last 24 hours to 50,459.52 dollars, after fluctuating between 49,211.83 and 51,740.85 dollars, while the weekly gain of the currency was calculated at 8.25 percent. Bitcoin's total market volume was 940 billion dollars.


With increasing corporate purchases, the total market capitalisation, which exceeded the 1.5 trillion dollar limit for the first time in history on February 15, was at 1.0 trillion 566 billion dollars in the early hours of Monday, remaining over 1.5-trillion dollar level.


While the value of 27 units decreased from the highest volume of 100 units in the last 24 hours in the crypto money markets, none of the top 10 units was among those that fell.
Bitcoin accounted for 60.1 percent and Ethereum for 12.6 percent of the total market volume in 35,440 markets where 8,709 cryptocurrencies were traded, while the 24-hour trading volume in all markets was at 107.4 billion dollars.

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