Crypto: Bitcoin gains by 5.32 to trade above $55,000

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The Bitcoin which currently ranks as the most priced and popular cryptocurrency in the world on Sunday evening gained 5.32% to trade above $55,000.

This is coming after the crypto had slipped below $51,000 some days ago.

Ethereum also gained 3.23% to trade at $1,671.70 as of Sunday night.

Recently, Microsoft had launched the Decentralized Identity Platform ION on Bitcoin’s Blockchain.

The digital assets had witnessed bearish trading after the chairman of the US Federal Reserve stated that bitcoin and other crypto-assets are really not useful as a store of values.

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Francis Ogwo
The young and goal driven writer and cinematographer started his journalism as a print journalist in Kaduna in 2005 writing for Kaduna Chronicles Newspapers, Liberator Newspapers where he became the South Bureau Chief. In 2008, he moved into TV production with an employment into Siverbird Television and Rhythm Fm as a Correspondent. He got certified by Independent Television Producers Association of Nigeria(ITPAN) in 2009. After five years of hardwork and training, he was employed as Associate Producer, Moments With Mo and subsequently Producer, Playground on HipTV. Francis currently majors in documentaries and high profile scripts for news and movies. He is currently a Senior Contents Producer at News Central TV

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