Bitcoin recovers from the recent crash and crosses $50,000

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Bitcoin has been through one of the worst falls in the entire rally of 2020-21. From a record-high of $58,000 to $43,000, the fall scared many new investors and created panic. At the same time, big investors and companies managed to buy the dip and add to their already huge Bitcoin balance. One such company is Microstrategy that bought Bitcoin worth more than $1 billion during this period. And as institutional buying increases and Bitcoin recovers, its price has again crossed the $50,0…

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