Bitcoin Exceeds Significant Levels, With Adoption Approaching in a New Country

The largest digital currency, Bitcoin, has managed to reach its highest levels in nearly a month, specifically since the start of accepting Bitcoin payments in El Salvador on September 7.

Bitcoin was seen a few minutes ago, above the levels of 50 thousand dollars, after rising more than 5%, and the first time in almost a month that Bitcoin exceeded these important psychological levels.

Many speculators and analysts believe that October will be a milestone in the history of Bitcoin, as it succeeds during the last quarter of this year to break new records.

Bitcoin fluctuates within 24 hours between the levels of 47 thousand dollars and the levels of 50.3 thousand dollars, while its market value is more than 941 billion dollars.

Brazil will prepare to vote on a bill to regulate digital currency which is expected to be presented to the plenary session of the House of Representatives within the next few days.