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Bitcoin is down around 1% today trading at $47,170 at the time of writing. The cryptocurrency is still struggling to break $50,000, a mark achieved last week be

Bitcoin Still Struggles to Cross $50,000

Sep 17, 2021 7:19 PM - Davit Kirakosyan

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Bitcoin is down around 1% today trading at $47,170 at the time of writing. The cryptocurrency is still struggling to break $50,000, a mark achieved last week before a significant drop in prices on Sept 8. There are rising concerns over bitcoin's environmental impact following the results of analysis by economists from the Dutch central bank and MIT, according to which one bitcoin transaction generates the same amount of electronic waste as throwing away two iPhones.

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