The value of Bitcoin crosses the $50,000 mark for a single currency. The digital currency completes a week of strong gains with a value not recorded since December 2021, which puts its market value at a fraction of a trillion dollars.
Those who purchased Bitcoin about 3 weeks ago benefited from a 25% increase in value. The value of the crypto market as a whole stands at $1.87 trillion, after a weekly increase of about 4.53%. The sharp increases in the leading currency, which almost always dictates the trend in the market, spill over to other alternative currencies. Avalanche and Solana also complete an increase of 21% and 20% respectively in just the last week.