Bitcoin rises 2.1% to reclaim $50,000
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December 12, 2021
(Reuters) – Bitcoin rose on Sunday to reclaim levels above $50,000.
The world’s biggest and best-known cryptocurrency gained 2.11% to $50,445.34 at 1803 GMT on Sunday, adding $1,044.80 to its previous close.
Bitcoin is up 81.9% from the year’s low of $27,734 on Jan. 4.
Ether, the coin linked to the ethereum blockchain network, rose 0.26% to $4,100 on Sunday, adding $10.78 to its previous close.
(Reporting by Anirudh Saligrama in Bengaluru; Editing by Lisa Shumaker)
Source Link Bitcoin rises 2.1% to reclaim $50,000
Tajammul Pangarkar
Tajammul Pangarkar is a CMO at Prudour Pvt Ltd. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and raising general awareness of technical know-how. He frequently contributes to numerous industry-specific magazines and forums. When he’s not ruminating about various happenings in the tech world, he can usually be found indulging in his next favorite interest - table tennis.
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