October 19, 2021
Economy

Bitcoin Hurdles Over the $47K Zone, Crypto Economy Nears $2 Trillion – Market Updates Bitcoin News

The price of bitcoin jumped over the $47K handle on Friday afternoon and at 4:15 p.m. (EDT) the price tapped $47,929 per unit. Bitcoin has jumped over 8% today and is more than 45% up over the course of the last month.

Bitcoin’s Value Jumped 45% Last Month

The crypto economy grew to around $1.99 trillion on August 13, increasing more than 7.4% during the course of the day. The price of bitcoin (BTC) jumped over 8% and reached a new high for the month of August reaching $47,929 per unit. Seven-day statistics show BTC has climbed more than 11% and during the month more than 45% against the U.S. dollar. While a touch lower than the high this afternoon, BTC is still up 304% during the course of the year.

Bitcoin Hurdles Over the $47K Zone, Crypto Economy Nears $2 Trillion
Bitcoin (BTC) on Friday, August 13, 2021.

Out of the $1.99 trillion, however, bitcoin only…

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