Bitcoin price rises past $50,000 then retreats_老虎社区_美港股上老虎

Bitcoin price rises past $50,000 then retreats

Reuters2021-08-24

LONDON/CHICAGO (Reuters) - Bitcoin’s price surged past $50,000 on Monday for the first time since May, but the rebound from a months-long slump later ran out of steam. The world’s largest ...

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It had risen as high as $50,562 as investors bet that the prospect of more U.S. stimulus spending would lead to further gains, and more mainstream financial services firms made moves in the nascent asset class.\nBitcoin has climbed 82% since hitting a yearly low of $27,700 in January.\nThe price retreat was predominately driven by profit taking, according to Edward Moya, senior market analyst at OANDA in New York, who also pointed to a report that some bitcoin mining from China might abruptly go offline on Tuesday.\nMeanwhile, the price of rival cryptocurrency ether was last up 1.97% at $3,305. The virtual coin has risen 91% since slumping to below $1,740 last month.\nThe cryptocurrency recovery comes as some more established financial services companies offer their customers access to virtual coins. 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