Bitcoin has risen in price to $ 50,000 – for the first time since September 5

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Bitcoin continues to recover from the disastrous September, when its value fell sharply twice – at the beginning and at the end of the month. But October is traditionally a good month for Bitcoin, therefore, growth. During the day, the cost of the world’s main cryptocurrency increased by almost 2.5% and crossed the $ 50,000 mark.

Bitcoin has risen in price to $ 50,000 - for the first time since September 5

At the time of this writing, the news for 1 BTC is about $ 50,500. Bitcoin capitalization is also growing – it has now gone beyond the $ 950 billion mark. A little more, and the Bitcoin capitalization will again exceed a trillion, as it was in the first half of the year.

Bitcoin has risen in price to $ 50,000 - for the first time since September 5

The rest of the Top 10 cryptocurrencies are growing moderately – with the exception of Elon Musk’s beloved Dogecoin. It just rushed up – in a day it grew by almost 15%, in a week – an increase of more than 30%. As a result, Dogecoin moved to eighth place in the Top 10, leaving behind Polkadot and USD Coin.

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