News Snapshot:
[Bitcoin Tops $50k, Erases China/SEC FUD Losses] This post was originally published on this site After plunging in early September on SEC regulation fears and again later in the month on China ‘ban’ headlines, Bitcoin has roared back from below $40,000 on 9/22 to top $50,000 this morning. Uptober is in full swing… Source: Bloomberg This is the first time the flagship cryptocurrency’s price has pushed above $50,000 since September 7, 2021, the day El Salvador became the first country in history to accept the cryptocurrency as legal tender. Ethereum is also up but not as much… Source: Bloomberg The...
