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Bitcoin experiences unprecedented increase to $50,000 mark since the beginning of 2021.

Bangkok Post LogoBangkok Post2w ago

 Bitcoin experiences unprecedented increase to $50,000 mark since the beginning of 2021. - Bangkok Post

Quick Summary:

BOSTON - Bitcoin hovered around US$50,000 after briefly scaling the closely watched level for the first time in over two years, a remarkable comeback from the crypto scandals and wipeouts that cast doubt on the industry's viability.

Halving cuts the quantity of Bitcoin that miners receive for operating the powerful computers that verify transactions on the blockchain.

The wild price fluctuations seen since the introduction of Bitcoin more than a decade ago have long been one of the main attractions to speculators.


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 Bitcoin experiences unprecedented increase to $50,000 mark since the beginning of 2021. - Bangkok Post (Picture 1) Bitcoin experiences unprecedented increase to $50,000 mark since the beginning of 2021. - Bangkok Post (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-02-13 @ 09:11:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 642 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 20052142

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 19 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

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The story " Bitcoin experiences unprecedented increase to $50,000 mark since the beginning of 2021." was covered 2 weeks ago by Bangkok Post, a news publisher based in Thailand.

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The outlet is headquartered in Thailand and publishes an average of 19 news stories per day.

It's most recent story was published 2 hours ago.

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  • News ID: #20052142
  • URL: https://beamstart.com/news/bitcoin-surges-to-50000-for-17077907729771

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