Bitcoin and cryptocurrencies have roared back over the last month after a China and Elon Musk-induced sell-off.
The bitcoin price last night broke above $50,000 per bitcoin for the first time since May. Meanwhile, double-digit gains among other major cryptocurrencies—including ethereum, Binance’s BNB, cardano, and Ripple’s XRP—helped the combined crypto market value climb to over $2.1 trillion, up from $1.1 trillion in July.
Ahead of the latest bitcoin and crypto price surge higher, a poll of mostly banking executives found most think bitcoin and digital assets could replace fiat currencies like the U.S. dollar within the next five to 10 years—a shift described as “seismic.”
Sharing is Caring!
See also Furious China issues bone-chilling warning subs deal could 'make Australia a potential target for a NUCLEAR strike'