Daily Poll: Bitcoin rises back above $50,000!
The price of bitcoin climbed over $51,000 on Friday, reaching its highest level since the middle of May.
The world's biggest and best-known cryptocurrency is up 81% from this year's low of $27,734 on Jan. 4.
Investors say bitcoin’s movement coincided with hundreds of millions of dollars in options expiries on Friday. They also pointed to Fed Chair Jerome Powell’s dovish Jackson Hole, Wyoming, speech, suggesting that bitcoin is seeing a catch-up trade as most other assets reacted at the time except for bitcoin. Countless reasons for the rise, the price is the only thing that matters.
Trivia: Bitcoin Will Soon be ‘Legal Tender’ in El Salvador.
On Sept. 7, 2021, El Salvador will become the first country to make bitcoin legal tender. The government even went a step further in promoting the cryptocurrency’s use by giving US$30 in free bitcoins to citizens who sign up for its national digital wallet, known as “Chivo,” or “cool” in English.
On Sept. 7, 2021, El Salvador will become the first country to make bitcoin legal tender. The government even went a step further in promoting the cryptocurrency’s use by giving US$30 in free bitcoins to citizens who sign up for its national digital wallet, known as “Chivo,” or “cool” in English.
Rip for their commodity price.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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BEAUITFULQ31 : I LOVE U BITCOIN I SUCH U WERE COMING BACK!!
Meltyy : I now hear its news every two days. The rising prices made me a little scared. Because I don’t know if this will drop rapidly like a roller coaster.
allen kidd Meltyy : ETH looks more promising than bitcoin in the long run from all of the research i have done. I'll be investing in tomorrow(ETH) while everyone is focus on today. (BTC)
Star R : thanks for sharing
Meltyy allen kidd : OK. Very useful. I will carefully consider your ideas
103028499 : Are we able to buy Bitcoin via moomoo?
allen kidd : you cannot buy cyrto currency on momo but you can invest in company's like coinbase.
allen kidd 103028499 : $Coinbase Global(COIN.US)$