Bitcoin gained $3,000 and returned to $50,000 in less than 24 hours

At the end of August 2021 the value of Bitcoin exceeded $50,000 for the first time since May. Since then, the cryptocurrency has only been getting cheaper, but in less than a day, the rate jumped by $3,000 at once.

At 19:34 Kiev time, the value of the coin was $47,434. In less than an hour, Bitcoin appreciated by about $1,500. Over the next seven hours, the cryptocurrency's price ranged between $48,000 and $48,700. But from 4:29 to 4:54, the exchange rate realized immediately $1,000 to $49,751.

The cryptocurrency was able to break the $50,000 mark already at 10:04 Kiev time. Currently, the value of Bitcoin is $50,156. The maximum price for the last 24 hours - $50,288. Market capitalization is approaching $940 billion.

Source: CoinMarketCap