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Bitcoin took off. The rate of the world’s main cryptocurrency rose above 55.5 thousand dollars for the first time since mid-May, capitalization exceeded a trillion dollars

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Bitcoin continues its ascent after the disastrous September: today, the value of the world’s main cryptocurrency has soared by 2.5 thousand dollars in just five minutes. At the time of this writing, for 1 BTC they give 54.9 thousand dollars, but at the peak the cost rose above 55.5 thousand dollars on the Binance exchange. Bitcoin hasn’t been this expensive since mid-May.

Such a rapid growth almost instantly took the capitalization of the world’s main cryptocurrency beyond the $ 1 trillion mark. In general, Bitcoin has risen in price by about 8% over the day, and by an impressive 32% over the week.

Bitcoin took off.  The rate of the world's main cryptocurrency rose above 55.5 thousand dollars for the first time since mid-May, capitalization exceeded a trillion dollars

The rest of the Top 10 cryptocurrencies are traded in different directions. Over the week, everyone has a stable plus, and Ethereum and Dogecoin have grown strongly – by 27% and 28%, respectively, but over the course of a day, the same Dogecoin has minus about 2%.

Bitcoin took off.  The rate of the world's main cryptocurrency rose above 55.5 thousand dollars for the first time since mid-May, capitalization exceeded a trillion dollars

Analysts note that if Bitcoin can gain a foothold at the $ 55 thousand mark, then further growth will follow to $ 58-60, and then an update of the annual maximum is possible – leaving the $ 65 thousand mark.

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Phones

Four iQOO smartphones will receive Android 12 in December

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The iQOO brand has revealed Android 12 release dates for a number of its models. True, we are not yet talking about the final version of Android 12 – it will have to wait longer.

IQOO 7, iQOO 7 Legend, iQOO Z3 and iQOO Z5 users will receive the Android 12 beta at the end of the year – at the end of December. And at the end of March 2022, the beta version of Android 12 will be released for iQOO 3.

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Phones

Another foldable smartphone comes out in November – with 120Hz OLED screen, Snapdragon 888 and 50MP camera

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Details about the Oppo smartphone with a flexible screen appeared on the web. According to the source, the device will be released in November and will be built on a single-chip Qualcomm Snapdragon 888 platform.

The smartphone does not have a name, but the key characteristics are listed. So, the device is assigned an OLED screen with a diagonal of 8 inches with a frame rate of 120 Hz, a 32-megapixel front camera and a multi-module main camera with a main sensor with a resolution of 50 megapixels, a 4500 mAh battery with support for 65 W fast charging. The operating system is expected to be Android 11 with ColorOS 12 interface. There is no price, but it will probably be more affordable than the Samsung Galaxy Z Fold3.

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Not a trace remained of $ 66,000. Bitcoin fell, followed by Ethereum

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The week began for the main cryptocurrencies of the world with a rise in price and the establishment of new price highs, and ends with a fall, and quite noticeable. Over the course of a day, Bitcoin loses about 4.5% of its value, and as a result, for 1 BTC now they give not $ 66,000, but about $ 60,500.

After Bitcoin began to fall, Ethereum was still holding, but its rate had already gone down too, dropping below the psychological mark of $ 4,000. Analysts believe that such a fall in cryptocurrencies is due to their sell-off on the part of investors – they are fixing profits against the backdrop of a strong growth in value that has been observed since the end of September. This means that after the current correction, Bitcoin may rush to new heights, but whether altcoins will follow it is a big question.

Not a trace remained of $ 66,000.  Bitcoin fell, followed by Ethereum

Interestingly, against the background of a decrease in quotations of other cryptocurrencies from the Top 10, Solana feels very confident: it grew by almost 6% per day, and by almost 25% in a week.

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