Bitcoin, the world's biggest crypto, flooded past $54,000 to the most elevated in just about five months as bullishness gets back to the market following the earlier months' droop.

At press time, bitcoin was exchanging at $54,220, up 8.7% in the course of the most recent 24 hours. It was the greatest cost since May 12, preceding a crackdown by China on its homegrown digital currency and other negative news helped push the cost underneath $30,000. In February, the bitcoin cost had hit an unsurpassed high near $65,000.

The most recent meeting has pushed bitcoin's market capitalization back up above $1 trillion, as per information from Messari.
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