Bitcoin, the cryptocurrency, which has been extremely volatile in recent weeks, has risen above the $ 50,000 level again.
The fluctuating course continues in the crypto money markets. Fluctuation in Bitcoin, the most preferred crypto currency, can exceed 10 thousand dollars per day. Bitcoin, which is preferred by individual and institutional investors, started to show strength again.
Bitcoin price tested above the $ 50,000 level again yesterday, supported by the slowdown in the global stock and bond markets.
The price of Bitcoin, trying to recover after a 21 percent retreat, rose above $ 50,000 for the first time in the last 6 days, but at this point it did not hold and fell slightly.
Bitcoin price is currently hovering around $ 49.05. It has been suggested that the CBOE officially listed VanEcsk’s Bitcoin exchange traded fund, causing it to rise above the 50,000 dollar level.
Crypto analysts point out that the volatility in Bitcoin has decreased, the downward pressure on prices continues, and they point out that it is difficult to predict the direction to go.
THE MINISTRY OF TREASURY AND FINANCE HAS ANNOUNCED
The Ministry of Treasury and Finance announced last day that it is concerned about cryptocurrencies and that it is working on regulations.
The statement of the Ministry is as follows:
We also share their concerns about cryptocurrencies around the world. The developments on the subject and the situation in our country are closely monitored by our Ministry. In this framework, under the presidency of our Deputy Minister; Studies are carried out in cooperation with the Central Bank, BRSA, CMB and other relevant institutions.
Source site bigpara.hurriyet.com.tr