More

    Bitcoin Hits $50K Milestone Amid Global Trading Surge

    Bitcoin surges past $49K, eyes the $50K milestone amid global trading frenzy. Market dynamics, South Korea's premium rates, and the cryptocurrency's current worth are highlighted

    Coin News
    140
    هلا قصاب
    هلا قصاب

    • – Bitcoin Soars: Surpassing the $49K threshold, Bitcoin achieves a 3.7% daily increase and a remarkable 15.6% weekly rise.

    • – Market Dynamics: Within an hour, $25.57 million in BTC short positions vanish as the cryptocurrency faces stiff resistance.
    • – Global Impact: Bitcoin’s market cap nears $979 billion, constituting 52.9% of the entire crypto market.

    • – South Korea Premium: In South Korea, Bitcoin trades at $50,665 on Bithumb, exceeding the global rate.

    Bitcoin Breaks $49K Barrier:

    Bitcoin (BTC) experienced an impressive 16.7% surge over the past week, reaching $49K on Monday. Within 45 minutes, it briefly touched $50,000 on Bitstamp, facing resistance.

    South Korea’s Elevated Rates:

    Notably, in South Korea, Bitcoin’s value surpassed $50K, hitting $50,665 on Bithumb. This premium rate echoes across platforms like Upbit and Korbit, marking levels unseen since December 2021.

    SourceBitcoin.com

    latest news

    Previous article
    Ripple-Owned Blockchain Custody Firm Metaco Sees CEO Departure
    Next article
    Korean Crypto Criminals Face Life Imprisonment for Large-Scale Theft

    Read More

    Most read

    Featured

    Newsletter

    [tdn_block_newsletter_subscribe description="U3Vic2NyaWJlJTIwdG8lMjBnZXQlMjB0aGUlMjBsYXRlc3QlMjBuZXdzJTJDJTIwb2ZmZXJzJTIwYW5kJTIwc3BlY2lhbCUyMGFubm91bmNlbWVudHMu" input_placeholder="Your email address" btn_text="Subscribe" tds_newsletter2-image="879" tds_newsletter2-image_bg_color="#c3ecff" tds_newsletter3-input_bar_display="row" tds_newsletter4-image="880" tds_newsletter4-image_bg_color="#fffbcf" tds_newsletter4-btn_bg_color="#f3b700" tds_newsletter4-check_accent="#f3b700" tds_newsletter5-tdicon="tdc-font-fa tdc-font-fa-envelope-o" tds_newsletter5-btn_bg_color="#000000" tds_newsletter5-btn_bg_color_hover="#4db2ec" tds_newsletter5-check_accent="#000000" tds_newsletter6-input_bar_display="row" tds_newsletter6-btn_bg_color="#da1414" tds_newsletter6-check_accent="#da1414" tds_newsletter7-image="881" tds_newsletter7-btn_bg_color="#1c69ad" tds_newsletter7-check_accent="#1c69ad" tds_newsletter7-f_title_font_size="20" tds_newsletter7-f_title_font_line_height="28px" tds_newsletter8-input_bar_display="row" tds_newsletter8-btn_bg_color="#00649e" tds_newsletter8-btn_bg_color_hover="#21709e" tds_newsletter8-check_accent="#00649e" tdc_css="eyJhbGwiOnsibWFyZ2luLWJvdHRvbSI6IjAiLCJkaXNwbGF5IjoiIn19" embedded_form_code="JTIwYWN0aW9uJTNEJTIybGlzdC1tYW5hZ2UuY29tJTJGc3Vic2NyaWJlJTIy" tds_newsletter1-input_bar_display="row" tds_newsletter1-input_border_color="#444444" tds_newsletter1-input_border_color_active="#555555" tds_newsletter1-input_bg_color="rgba(85,85,85,0)" tds_newsletter1-f_input_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" tds_newsletter1-f_input_font_line_height="eyJhbGwiOiIyLjgiLCJsYW5kc2NhcGUiOiIyLjYiLCJwb3J0cmFpdCI6IjIuNiJ9" tds_newsletter1-f_input_font_family="820" tds_newsletter1-f_input_font_weight="500" tds_newsletter1-btn_bg_color="#222222" tds_newsletter1-btn_bg_color_hover="#ffa301" tds_newsletter1-f_btn_font_family="820" tds_newsletter1-f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" tds_newsletter1-f_btn_font_line_height="eyJhbGwiOiIyLjgiLCJsYW5kc2NhcGUiOiIyLjYiLCJwb3J0cmFpdCI6IjIuNiJ9" tds_newsletter1-f_btn_font_weight="500" tds_newsletter1-input_text_color="#ffffff" tds_newsletter1-f_descr_font_family="820" tds_newsletter1-f_descr_font_size="eyJhbGwiOiIxMyIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMiJ9" tds_newsletter1-description_color="#aaaaaa" tds_newsletter1-input_placeholder_color="#aaaaaa" disclaimer="By subscribing, you're accepting to receive promotions." tds_newsletter1-f_disclaimer_font_family="820" tds_newsletter1-f_disclaimer_font_size="eyJhbGwiOiIxMSIsInBvcnRyYWl0IjoiMTAifQ==" tds_newsletter1-disclaimer_color="#777" tds_newsletter1-input_bar_border_radius="4"]

    ©2024 Copyright - Cryptozi News