Prices of Bitcoin exceeded 50,000 dollars

Sunbd Desk , Published: 2021-08-24 10:51:18, Updated: 2021-08-24 10:51:18

The virtual currency Bitcoin is recovering form a bad situation after few months.The prices of this currency has exceeded 50 thousand dollars. This is the first time since last May that the price of Bitcoin has dropped the quota of Rs 50,000 dollars. News CNN.

According to coindesk, the prices of Bitcoin was the highest in the last few weeks until the last hour of trading on Sunday. The cryptocurrency market turned around as the US multinational financial technology company PayPal recognized Bitcoin as a medium of transaction.

Not only Bitcoin, but also Ethereum, Lightcoin and Bitcoin Cash have been recognized by PayPal in the UK market. This means that people in the UK will be able to make purchases using an approved cryptocurrency using PayPal’s app and website.

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