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Bitcoin price exceeded $ 55,000

After reaching a capitalization of $ 1 trillion, the first cryptocurrency continued its rapid growth. On the evening of February 19, digital gold quotes broke through the $ 55,000 level.

Data: TradingView.

The rally of the asset during the last week took place against the backdrop of the activity of MicroStrategy, which continues to invest in the first cryptocurrency.

On February 16, the firm announced a $ 600 million offering of convertible bonds to invest in Bitcoin. The asset price exceeded the $ 50,000 level.

The next day, MicroStrategy raised the placement bar to $ 900 million with an additional option of $ 150 million. The bitcoin rate rose to $ 52,000.

Today, February 19, the company announced the closure of a round of sale of debt securities for the total amount of $ 1.05 billion. All MicroStrategy plans to invest in the leading cryptocurrency.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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