Bitcoin recuperează 55,000 de dolari pentru prima dată din mai

Bitcoin has hit $55,000 for the first time since mid-May, as the “Uptober” price boom continues. The largest cryptocurrency by market cap peaked at $55,530 on price index CoinGecko on Wednesday morning before falling back to its current price of just under $54,000.

It continues a run of upward momentum that saw Prețul lui Bitcoin trece $50,000 just yesterday. The top cryptocurrency last saw levels of $55,000 on May 12 before it crashed after a tweet by Elon Musk announcing that his EV company Tesla had a încetat să mai accepte Bitcoin pentru achiziții.

That news sent Bitcoin into a downward spiral that was exacerbated by Represiunea Chinei împotriva mineritului Bitcoin the following month, with the cryptocurrency bottoming out at sub $ 30,000 la mijlocul lunii iunie.

What’s driving Bitcoin’s upward momentum?

In recent days, Bitcoin’s price has recovered following a comentariu by Federal Reserve chair Jerome Powell that the U.S. has “no intention” of following China in banning cryptocurrencies.

But even before that, Bitcoin’s price had shown signs of shrugging off its summer doldrums.

A September anunț by the Chinese government reiterating that crypto-related business activities are “illegal” had only a short-term impact on the price of Bitcoin. With Chinese miners busily relocating their operations overseas, and new mining operations springing up in the S.U.A. și în altă parte, mining revenue reached 40 de milioane de dolari pe zi la începutul lunii octombrie.

As crypto privacy advocate Edward Snowden framed it, China’s latest Bitcoin ban announcement “just made Bitcoin stronger.”

Source: https://decrypt.co/82759/bitcoin-recaptures-55000-for-first-time-since-may