Bitcoin continues to regain its position in the cryptocurrency market. At the end of Friday trading, the unit value of the most popular cryptocurrency in the world increased by more than 5% and reached $ 49,106. After that, the bitcoin rate dropped slightly then rose again and at the time of publication, the cryptocurrency was trading at $49,262 per unit. It is worth noting that relative to the annual low of the bitcoin price of $ 27,734, which took place on January 4, the cryptocurrency rose by 77.4%.
Also, a slight increase – by 3.03% – ended the week for the second most popular cryptocurrency Ethereum. According to the results of Friday trading for one “ether” gave $ 3,281; which is $ 96.64 more compared to the rate of the previous day.
Recall that in April of this year, a historical maximum of the value of bitcoin was set. Then, per unit of cryptocurrency gave about $ 62,700. This was facilitated by the investment of Tesla, owned by Elon Musk, which invested $ 1.5 billion in cryptocurrency. Later, the bitcoin rate fell and was no longer close to a record level.
Last week, the success of Bitcoin and some other cryptocurrencies contributed to the fact that the capitalization of the cryptocurrency market again exceeded $ 2 trillion. At that time, not only Bitcoin showed good results, but also Ethereum, Binance Coin, XPR and Dogecoin.
Dogecoin gained 12.5% in a day and is now worth $ 0.325. Dogecoin capitalization is $ 42.5 billion. This week, Ethereum creator Vitalik Buterin and spokesman Ilona Musk publicly endorsed Dogecoin by becoming advisers to the Dogecoin Foundation.
Avalanche (+ 135%), Arweave (+ 80%), Audius (+ 80%), Terra (+ 67%), Fantom (+ 49%) added the strongest in the last 24 hours.
Americans will soon be able to pay for mortgages with Bitcoin.
The second-largest US mortgage lender, United Wholesale Mortgage, has announced plans to start accepting cryptocurrency home loan payments.
Americans will soon be able to pay for mortgages with Bitcoin. United Wholesale Mortgage will make it possible during the third quarter.
We have appreciated the realities and are looking forward to becoming the first US mortgage company to accept cryptocurrency to pay off mortgage payments. This is what we are working on, and we are delighted that hopefully in the third quarter we can actually achieve this before anyone else in the country, because we are a leader in technology and innovation.
That is, the company plans to start accepting cryptocurrency in the third quarter. The company will start with Bitcoin, but it is also in the process of evaluating other cryptocurrencies.
Read More: Bitcoin price increased by 5% to $49,262