After a week-long hiatus, Bitcoin reached $50,000.
After losing $50k on August 23, BTC is back above $50,000 after hitting lows between $46,000 and $47,000 multiple times.
BTC is trading at $50,101 on Bitfinex exchange.
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Bitcoin fell almost 22% since its April 14th all-time-high of $64,861.
Bitcoin has gained 5% and went from $47,650 to $50,000 since start of September.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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