New Record From Bitcoin!

The popular crypto currency Bitcoin broke a new record by reaching the $ 50,000 on February 16.

New record from Bitcoin. Bitcoin, the most valuable currency in the crypto market, gained more than 4 percent during the day, reached over 50 thousand dollars and broke another record. While Bitcoin nearly doubled its value within a year, it increased by 67 percent in 2021. Bitcoin, which climbed to $ 40,000 in the second week of the new year with a sharp rise from $ 20,000 in December, then declined to $ 30,000. The crypto currency, which gained value again with the posts that Elon Musk made on his twitter account, entered the record series after the electric car manufacturer Tesla announced to the American capital regulator that it purchased $ 1.5 billion worth of BTC. Later in the US, Miami Mayor Francis Suarez made a proposal to pay the salaries and taxes of municipal employees in Bitcoin. The commission approved the decision with 4 to 1 votes and accepted to examine the applicability of the moves to be made on the issue. There are three main stages in the institutionalization of cryptocurrencies and Bitcoin. While the first of these was the entry of investment funds, the second was the presence of Bitcoin in the companies' balance sheet. The third stage was for central banks to buy Bitcoin. While the first two stages have been taking place so far, the municipal public institutions' starting to buy and use Bitcoin can be seen as an interim period in the transition to the third stage.