Last night, Bitcoin hit 50k a coin. At time of posting, Bitcoin is up almost 7% in the last five days and up 48.50% in the last month. It’s very impressive gains from the 30k a coin it was at just a few months ago after it crashed from almost 65k a coin. While Bitcoin is still down around 20% from its beforementioned all time high, 48.50% growth in a month is absolutely amazing.

There are a lot of positives coming out around Bitcoin right now like the fact that PayPal users in the UK can now buy Bitcoin as well as other cryptocurrencies. As Bitcoin becomes more accessible, it makes sense that this will lead to a boost in price.

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Bitcoin had been stuck right under 50k for awhile as it tested resilience at that price, so it will be interesting to see how it handles 50k. It has, for now, fallen right below the price once again, but this is most likely a temporary push back.

Bitcoin is not the only crypto doing well right now. Ethereum is up 55.94% in the last month while Cardano is up 136.52%.

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