Bitcoin Price Today: Cryptocurrency Price Tracker 26 July Update | Bitcoin (BTC) Surges Above 39000 Dollars | The price of bitcoin reached the top of 6 weeks, the price reached 39 thousand dollars

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  • Bitcoin Price Today: Cryptocurrency Price Tracker 26 July Update | Bitcoin (BTC) Surges Above 39000 Dollars

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The price of the popular cryptocurrency bitcoin has seen a tremendous increase. It has now crossed 39 thousand dollars. This is the first time since June 16 that bitcoin has reached this price. Its price is increasing continuously for the last 6 days.

Bitcoin continues to rise since July 21
On Monday, the price of bitcoin has crossed 39 thousand 544 dollars. The world’s oldest crypto currency saw the fastest growth on July 25. Its uptrend started on 21st July and continues till date. It has seen an uptick in the last 24 hours. Its market capitalization has seen this rapid increase of 11.53 per cent. Its market cap has grown to $721.49 billion.

Reasons for the rise in digital currency
According to crypto currency experts, the rate of buying the US dollar has increased sharply. This is the reason why its effect is visible on bitcoin. Along with this, Amazon is also planning to buy bitcoin. Due to which its atmosphere seems to be becoming positive.

Amazon said – decision on taking payment in bitcoin by the end of the year
Amazon has said that it will take a decision on accepting payments in bitcoin by the end of this year. Also it can start its own token from 2022. At the same time, the big tech finance players of America are also helping to increase the price of bitcoin. Big investors had talks with Tesla’s Elon Musk last week. It is also expected that some more companies may accept it as payment.

Bitcoin price up 11.68%
In the last 24 hours, the price of Bitcoin has increased by 11.68% while that of Ethereum is up by 8%. Binance Coin is up 6%, Cardano 10%, XRP 9%, Dogecoin 13%. The prices of other cryptocurrencies including Polkadat have also increased during this period.

Last week the price of bitcoin reached below 30 thousand dollars
There was a big setback for those investing in cryptocurrencies last week. The price of bitcoin fell below $30,000 for the first time in a month due to heavy selling. The price of bitcoin was down 6.22% to $29,831.70 per unit. Earlier on June 22, the price of bitcoin went below $ 30 thousand. Last week, along with bitcoin, all cryptocurrencies including Ethereum, Tether, Binance Coin saw a fall in prices.

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