Bitcoin price breaches the $50,000 mark

Bitcoin tested the $50,000 level, where it last traded in early September.

The screenshot below shows that the price has yet to settle above this psychological level.

October 5, 2021 | 12:47Update:

Bitcoin is trading around $50,200.

The rally in BTC revived the broader market. The following shows the top ten by market capitalization:

Among the top ten, only Dogecoin is ahead of digital gold in terms of daily growth.

According to Glassnode, the number of active Bitcoin addresses reached a three-month high.

📈 #Bitcoin $BTC Number of Active Addresses (7d MA) just reached a 3-month high of 51,988.173

View metric:https://t.co/SUxtdZ0Wuc pic.twitter.com/3iHlqnQfqZ

— glassnode alerts (@glassnodealerts) October 5, 2021

Max Kaiser, a television host and founder of Heisenberg Capital, predicted Bitcoin would reach $220,000 in the second half of 2021.

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