Bitcoin Nears the $50,000 Level for the First Time Since Mid-May

Bloomberg2021-08-23

(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago. The largest virtual ...

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Comments

Deonc
2021-08-23
Deonc
good to hear that. Please like and comment
- Huathk:
  Gd
tanks09
2021-08-23
tanks09
Up up to the moon!
- tanks09:
  Huat
- TimTamPrata:
  Huat
- TimTamPrata:
  Huat
UTOtrader
2021-08-23
UTOtrader
Buy !!!
tanks09
2021-08-23
tanks09
Up up to the moon!
Victorhc88
2021-08-23
Victorhc88
Like pls
Daniel03
2021-08-23
Daniel03
Wow

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Please like and comment","text":"good to hear that. 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Bitcoin was last above $50,000 in mid-May.\nThe revival in virtual currencies has excited animal spirits again among the crypto faithful, putting longer term predictions of $100,000 or more for Bitcoin back in vogue. Others see the speculative, volatile asset carving out a wider trading range for now.\nBitcoin is “getting nearer the higher end of what I expect as a new trading range in the low-$40,000s to low-$50,000s,” Rick Bensignor, chief executive officer at Bensignor Investment Strategies, wrote in a note Monday.\nBitcoin hit a record of almost $65,000 in April, driven higher by a tide of liquidity, fast-money bets and optimism about growing demand from institutional investors.\nBut more critical commentary later emerged, including about the environmental cost of the energy consumed by the computers that underpin Bitcoin. An intensifying cryptocurrency crackdown in China also soured the mood. Bitcoin fell below $30,000 after May’s rout.\nThe recovery since then has seen the value of more than 9,000 digital tokens tracked by CoinGecko reach about $2.2 trillion from $1.2 trillion a month ago.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5620506,"gmtCreate":1629714364603,"gmtModify":1663232790745,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":835833585,"type":1,"supId":0,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"}],"langContent":"EN"},{"id":835134282,"gmtCreate":1629692448846,"gmtModify":1676530101717,"author":{"id":"3581816252667558","authorId":"3581816252667558","name":"tanks09","avatar":"https://static.tigerbbs.com/0d3a860d19cbe659e537ab4dcbdc7d1d","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"idStr":"3581816252667558","authorIdStr":"3581816252667558"},"htmlText":"Up up to the moon!&nbsp;","listText":"Up up to the moon!&nbsp;","text":"Up up to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/835134282","repostId":1105963953,"repostType":4,"repost":{"id":"1105963953","kind":"news","pubTimestamp":1629685026,"share":"https://ttm.financial/m/news/1105963953?lang=en_US&edition=fundamental","pubTime":"2021-08-23 10:17","market":"fut","language":"en","title":"Bitcoin Nears the $50,000 Level for the First Time Since Mid-May","url":"https://stock-news.laohu8.com/highlight/detail?id=1105963953","media":"Bloomberg","summary":"(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recove","content":"<div>\n<p>(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Nears the $50,000 Level for the First Time Since Mid-May\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 10:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105963953","content_text":"(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual coin advanced as much as 3.1% to almost $49,936 in Asian trading Monday, with other tokens including Ether and Cardano’s ADA also rising. Bitcoin was last above $50,000 in mid-May.\nThe revival in virtual currencies has excited animal spirits again among the crypto faithful, putting longer term predictions of $100,000 or more for Bitcoin back in vogue. Others see the speculative, volatile asset carving out a wider trading range for now.\nBitcoin is “getting nearer the higher end of what I expect as a new trading range in the low-$40,000s to low-$50,000s,” Rick Bensignor, chief executive officer at Bensignor Investment Strategies, wrote in a note Monday.\nBitcoin hit a record of almost $65,000 in April, driven higher by a tide of liquidity, fast-money bets and optimism about growing demand from institutional investors.\nBut more critical commentary later emerged, including about the environmental cost of the energy consumed by the computers that underpin Bitcoin. An intensifying cryptocurrency crackdown in China also soured the mood. Bitcoin fell below $30,000 after May’s rout.\nThe recovery since then has seen the value of more than 9,000 digital tokens tracked by CoinGecko reach about $2.2 trillion from $1.2 trillion a month ago.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5664180,"gmtCreate":1630044613401,"gmtModify":1663232983850,"authorId":3581816252667558,"author":{"id":3581816252667558,"idStr":"3581816252667558","authorId":3581816252667558,"name":"tanks09","avatar":"https://static.tigerbbs.com/0d3a860d19cbe659e537ab4dcbdc7d1d","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":835134282,"type":1,"supId":0,"prevId":0,"content":"Huat","text":"Huat","html":"Huat"},{"id":5661357,"gmtCreate":1630025293979,"gmtModify":1663232965762,"authorId":3581478820646520,"author":{"id":3581478820646520,"idStr":"3581478820646520","authorId":3581478820646520,"name":"TimTamPrata","avatar":"https://static.tigerbbs.com/7112dd358a087dca78af99b862816363","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":835134282,"type":1,"supId":0,"prevId":0,"content":"Huat","text":"Huat","html":"Huat"},{"id":5618048,"gmtCreate":1629693360414,"gmtModify":1663232780332,"authorId":3581478820646520,"author":{"id":3581478820646520,"idStr":"3581478820646520","authorId":3581478820646520,"name":"TimTamPrata","avatar":"https://static.tigerbbs.com/7112dd358a087dca78af99b862816363","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":835134282,"type":1,"supId":0,"prevId":0,"content":"Huat","text":"Huat","html":"Huat"}],"langContent":"EN"},{"id":835366912,"gmtCreate":1629687996436,"gmtModify":1676530100017,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[{"badgeId":"972123088c9646f7b6091ae0662215be-2","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","isScarce":0,"effectEnabled":0,"redirectLinkEnabled":0,"redirectLinkValidityFrom":0,"redirectLinkValidityTo":9223372036854776000}],"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"htmlText":"Buy !!!","listText":"Buy !!!","text":"Buy !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835366912","repostId":1105963953,"repostType":4,"repost":{"id":"1105963953","kind":"news","pubTimestamp":1629685026,"share":"https://ttm.financial/m/news/1105963953?lang=en_US&edition=fundamental","pubTime":"2021-08-23 10:17","market":"fut","language":"en","title":"Bitcoin Nears the $50,000 Level for the First Time Since Mid-May","url":"https://stock-news.laohu8.com/highlight/detail?id=1105963953","media":"Bloomberg","summary":"(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recove","content":"<div>\n<p>(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Nears the $50,000 Level for the First Time Since Mid-May</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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Bitcoin was last above $50,000 in mid-May.\nThe revival in virtual currencies has excited animal spirits again among the crypto faithful, putting longer term predictions of $100,000 or more for Bitcoin back in vogue. Others see the speculative, volatile asset carving out a wider trading range for now.\nBitcoin is “getting nearer the higher end of what I expect as a new trading range in the low-$40,000s to low-$50,000s,” Rick Bensignor, chief executive officer at Bensignor Investment Strategies, wrote in a note Monday.\nBitcoin hit a record of almost $65,000 in April, driven higher by a tide of liquidity, fast-money bets and optimism about growing demand from institutional investors.\nBut more critical commentary later emerged, including about the environmental cost of the energy consumed by the computers that underpin Bitcoin. An intensifying cryptocurrency crackdown in China also soured the mood. Bitcoin fell below $30,000 after May’s rout.\nThe recovery since then has seen the value of more than 9,000 digital tokens tracked by CoinGecko reach about $2.2 trillion from $1.2 trillion a month ago.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":835363141,"gmtCreate":1629687904783,"gmtModify":1676530099960,"author":{"id":"3581816252667558","authorId":"3581816252667558","name":"tanks09","avatar":"https://static.tigerbbs.com/0d3a860d19cbe659e537ab4dcbdc7d1d","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"idStr":"3581816252667558","authorIdStr":"3581816252667558"},"htmlText":"Up up to the moon!&nbsp;","listText":"Up up to the moon!&nbsp;","text":"Up up to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835363141","repostId":1105963953,"repostType":4,"repost":{"id":"1105963953","kind":"news","pubTimestamp":1629685026,"share":"https://ttm.financial/m/news/1105963953?lang=en_US&edition=fundamental","pubTime":"2021-08-23 10:17","market":"fut","language":"en","title":"Bitcoin Nears the $50,000 Level for the First Time Since Mid-May","url":"https://stock-news.laohu8.com/highlight/detail?id=1105963953","media":"Bloomberg","summary":"(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recove","content":"<div>\n<p>(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Nears the $50,000 Level for the First Time Since Mid-May</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Nears the $50,000 Level for the First Time Since Mid-May\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 10:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105963953","content_text":"(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual coin advanced as much as 3.1% to almost $49,936 in Asian trading Monday, with other tokens including Ether and Cardano’s ADA also rising. Bitcoin was last above $50,000 in mid-May.\nThe revival in virtual currencies has excited animal spirits again among the crypto faithful, putting longer term predictions of $100,000 or more for Bitcoin back in vogue. Others see the speculative, volatile asset carving out a wider trading range for now.\nBitcoin is “getting nearer the higher end of what I expect as a new trading range in the low-$40,000s to low-$50,000s,” Rick Bensignor, chief executive officer at Bensignor Investment Strategies, wrote in a note Monday.\nBitcoin hit a record of almost $65,000 in April, driven higher by a tide of liquidity, fast-money bets and optimism about growing demand from institutional investors.\nBut more critical commentary later emerged, including about the environmental cost of the energy consumed by the computers that underpin Bitcoin. An intensifying cryptocurrency crackdown in China also soured the mood. Bitcoin fell below $30,000 after May’s rout.\nThe recovery since then has seen the value of more than 9,000 digital tokens tracked by CoinGecko reach about $2.2 trillion from $1.2 trillion a month ago.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":835384398,"gmtCreate":1629687751514,"gmtModify":1676530099760,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835384398","repostId":1105963953,"repostType":4,"repost":{"id":"1105963953","kind":"news","pubTimestamp":1629685026,"share":"https://ttm.financial/m/news/1105963953?lang=en_US&edition=fundamental","pubTime":"2021-08-23 10:17","market":"fut","language":"en","title":"Bitcoin Nears the $50,000 Level for the First Time Since Mid-May","url":"https://stock-news.laohu8.com/highlight/detail?id=1105963953","media":"Bloomberg","summary":"(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recove","content":"<div>\n<p>(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Nears the $50,000 Level for the First Time Since Mid-May</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Nears the $50,000 Level for the First Time Since Mid-May\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 10:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105963953","content_text":"(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual coin advanced as much as 3.1% to almost $49,936 in Asian trading Monday, with other tokens including Ether and Cardano’s ADA also rising. Bitcoin was last above $50,000 in mid-May.\nThe revival in virtual currencies has excited animal spirits again among the crypto faithful, putting longer term predictions of $100,000 or more for Bitcoin back in vogue. Others see the speculative, volatile asset carving out a wider trading range for now.\nBitcoin is “getting nearer the higher end of what I expect as a new trading range in the low-$40,000s to low-$50,000s,” Rick Bensignor, chief executive officer at Bensignor Investment Strategies, wrote in a note Monday.\nBitcoin hit a record of almost $65,000 in April, driven higher by a tide of liquidity, fast-money bets and optimism about growing demand from institutional investors.\nBut more critical commentary later emerged, including about the environmental cost of the energy consumed by the computers that underpin Bitcoin. An intensifying cryptocurrency crackdown in China also soured the mood. Bitcoin fell below $30,000 after May’s rout.\nThe recovery since then has seen the value of more than 9,000 digital tokens tracked by CoinGecko reach about $2.2 trillion from $1.2 trillion a month ago.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":835315615,"gmtCreate":1629687296337,"gmtModify":1676530099543,"author":{"id":"3585453082564093","authorId":"3585453082564093","name":"Daniel03","avatar":"https://static.tigerbbs.com/a1f7c180d34c60deb481e2b1f191f99b","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":11,"crmLevelSwitch":1,"wearingBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","name":" Tiger Idol","description":"Join the tiger community for 1500 days","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","isScarce":0,"effectEnabled":0,"redirectLinkEnabled":0,"redirectLinkValidityFrom":0,"redirectLinkValidityTo":9223372036854776000}],"idStr":"3585453082564093","authorIdStr":"3585453082564093"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835315615","repostId":1105963953,"repostType":4,"repost":{"id":"1105963953","kind":"news","pubTimestamp":1629685026,"share":"https://ttm.financial/m/news/1105963953?lang=en_US&edition=fundamental","pubTime":"2021-08-23 10:17","market":"fut","language":"en","title":"Bitcoin Nears the $50,000 Level for the First Time Since Mid-May","url":"https://stock-news.laohu8.com/highlight/detail?id=1105963953","media":"Bloomberg","summary":"(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recove","content":"<div>\n<p>(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.\nThe largest virtual ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-nears-50-000-level-015607040.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Bitcoin was last above $50,000 in mid-May.\nThe revival in virtual currencies has excited animal spirits again among the crypto faithful, putting longer term predictions of $100,000 or more for Bitcoin back in vogue. Others see the speculative, volatile asset carving out a wider trading range for now.\nBitcoin is “getting nearer the higher end of what I expect as a new trading range in the low-$40,000s to low-$50,000s,” Rick Bensignor, chief executive officer at Bensignor Investment Strategies, wrote in a note Monday.\nBitcoin hit a record of almost $65,000 in April, driven higher by a tide of liquidity, fast-money bets and optimism about growing demand from institutional investors.\nBut more critical commentary later emerged, including about the environmental cost of the energy consumed by the computers that underpin Bitcoin. An intensifying cryptocurrency crackdown in China also soured the mood. Bitcoin fell below $30,000 after May’s rout.\nThe recovery since then has seen the value of more than 9,000 digital tokens tracked by CoinGecko reach about $2.2 trillion from $1.2 trillion a month ago.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":76,"commentSize":37,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1105963953","isCrawlerRequest":true}