Bitcoin crosses 50 thousand dollars .. the highest level in more...

Bitcoin crosses 50 thousand dollars .. the highest level in more...
Bitcoin crosses 50 thousand dollars .. the highest level in more...

Bitcoin price surged to around $51,000, touching a more than two-week high, buoyed by broader positive sentiment in financial markets.

I advanced Biggest Cryptocurrency By about 4% over the past two days, and at one point reached $51,524 on Friday in Asian trading, Ether, the second largest cryptocurrency, was near $4,100.

Risk appetite improved in global markets, as evidenced by a record close of the S&P 500 index on Thursday. It remains to be seen whether the erosion of liquidity in central banks will bring greater challenges to the demand for cryptocurrencies.

Bitcoin is up about 76% so far in 2021, and is on track to post gains for a third year.

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