Bitcoin is approaching the $ 50,000 mark

Bitcoin is approaching the $ 50,000 mark

Bitcoin closes at $ 50,000 and extends its rally after months of consecutive weak spot.

The largest digital forex in the world rises to 49.821 USD on the morning of Aug 23 (Vietnam time), in accordance with knowledge from CoinMarketCap.

The rally befell after Bitcoin was between 30,000-40,000. wavered USD in previous many months.

Ethereum additionally not too long ago rose to three,264 USD, in accordance with CoinMarketCap knowledge.

According to Chainalysis, retail investor adoption of cryptocurrencies has skyrocketed 881% over the previous yr.

According to the newest Finder survey, rising economies like Vietnam, India and Indonesia are main the means in adopting cryptocurrencies. The survey additionally highlights instances involving digital belongings which can be additionally linked to wire transfers.

The Finder survey was carried out with 42,000 individuals in 27 nations. Vietnam has the highest crypto adoption price, with 41% of respondents saying they’ve purchased crypto. 20% of the Vietnamese respondents stated they’d purchased Bitcoin. This is the highest worth of all the nations examined.

Market capitalization of cryptocurrencies at VND 2.16 trillion USD in August 23, in accordance with knowledge from CoinGecko.com and the trading quantity of the cryptocurrency is 109 Billion USD.

Vu Hao (in accordance with CNBC)