Bitcoin returned to US$ 50000. At the time of this post its value was US$ 51530, acccording to this site. Bitcoin dominates the market capitalization of cryptocurrencies with a 42% of the market. The total market capitalization is US$ 2.3 trillion.

Bitcoin has not reached the record level of US$ 64804 of April 14, 2021, however, this time, there are some indicators that its price could increase pst the record point and beyond.

According to this article, the users of cryptocurrency have increased in 1 year form 66 million to 221 million. Also, the US Federal Reserve has stated that it will not treat cryptocurrencies the way China has treated them.

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.

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