Bitcoin breaks the $ 50,000 barrier. The bet on this cryptocurrency again took a race in recent weeks and the effects were felt in other cryptos and altcoins.
Monday’s trading began with BTCUSD surpassing $ 50K, driven in part by PayPal Holdings launching a new cryptocurrency service in the UK. It is about the possibility that users of this platform will have to operate in buying, selling and maintaining cryptocurrencies in their accounts.
The firm, which announced at the beginning of the year the possibility of accessing the use of cryptos on its platform, allowing, starting this week, to operate bitcoin, bitcoin cash, ethereum or litecoin.
The directors of the company will seek to access the United States market and others to operate in this way.
In this way, Bitcoin recovers after the losses generated since June, when regulations and prohibitions in China began to impact the market.
Currently both BTC and ETH are without positions. BTCUSD is losing buy pressure. It is suggested to wait up to $ 51,000 to resume buys to targets of $ 53,500 and $ 55,000.
ETH, buys are projected at $ 3,372.6 with a target of $ 3,460.