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Bitcoin makes comeback from crushing dip with price surging past $50,000 – NEWS.com.au

Bitcoin makes comeback from crushing dip with price surging past $50,000

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Bitcoin has surged past $50,000 for the second time this year, with the cryptocurrency doubling in value over the past month.It reached $50,474 on Friday, after it has dropped as long as $A43,786 just three days ago.
On January 8, the cryptocurrency has reached a record high of $A52,375. It has been a big month for Bitcoin, as it has surged from $A25,747 on December 15.
Just days ago the world’s most popular cryptocurrency suffered a frenzied dumping as it dropped 23 per cent in value to $A43,786….

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