Bitcoin Price $ 55,000 Violation – Bitcoin Magazine: Bitcoin News, Articles, Charts and Guides

Summary of the week

As the week began with the green candle sea, the price of Bitcoin broke $ 50,000 for the first time since the beginning of September and then broke 55 55,000 for the first time since May. Bitcoin seems ready to rally throughout the rest of the year as more institutional support has been gathered in the past week, which is always a good sign. Here’s what happened to Bitcoin this week:

Bullish news to raise prices

Monday began with overwhelming news from El Salvador when their president Naib Buckley revealed that the country has seen more than 26 million people sign up to use its Chivo Bitcoin wallet in just 26 days, meaning two-thirds of the country’s adults now use the app, which itself A significant achievement.

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