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Bitcoin lost more than 14 percent in value on Tuesday after a record-breaking rise to $58,354 during the weekend. The dramatic surge and depressing downfall has.
Bitcoin Breaks All-Time Record Shooting Past $49,000
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Sputnik International
https://sputniknews.com/business/202102141082070042-bitcoin-breaks-all-time-record-shooting-past-49000/
The cryptocurrency, which has been on the rise since the end of 2020, continues to grow, especially since Tesla confirmed that it had invested $1.5 billion in Bitcoin in January.
Bitcoin has set yet another all-time record, reaching just over $49,000, according to the portal Coindesk. The average price of the cryptocurrency, combined from 20 different trading platforms is at $49,143, per data from around 6:00 am GMT. Bitcoin gained at least 3.33 percent on the major platform Binance, reaching $49,300.
Bloomberg previously cited experts from the cryptocurrency exchange Luno and the brokerage OSL, predicting that Bitcoin may hit $50,000 in the long-term, as it appears set to take on gold in competition for supremacy and best investment haven.
Award-winning investigative journalist Lara Logan joined Glenn Beck on the radio program this week to argue the Biden administration s border crisis is enabling drug cartels, allowing them to exploit migrants, use border wall construction roads, and cross the border much more easily. Lara, who has witnessed and experienced firsthand some of the worst violence around the world as a war correspondent for CBS News, told Glenn it s not an overstatement to call the cartels in Mexico the most violent and powerful criminal organizations on the face of the earth. And while they re at war with us, we ve been asleep at the wheel.