RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Cryptocurrency

Bitcoin Hits $56,000

Rate Captain by Rate Captain
October 11, 2021
in Cryptocurrency, Economics, Markets
Reading Time: 2 mins read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

AlsoRead

NGX All-Share Index Breaks 190,000 Barrier, Market Cap Surges by N5.1 Trillion in Single-Day Rally

Nigeria’s DMO Targets N800 Billion in February Bond Auction as Yields Hover Near 20%

Nigeria’s Crude Oil Output Rises to 1.459 Million bpd in January 2026, Still Below OPEC Quota

On Monday (October 11), the Bitcoin price surged above the $56K level for the first time since May 12.

According to data by TradingView, on crypto exchange Bitstamp, BTC-USD broke above the $56K level around 3:23 a.m. UTC on October 11. By 7:04 a.m., the Bitcoin price had reached $56,879, which is so far today’s intraday high.

One-Day BTC-USD Price Chart Bitstamp by TradingView

Currently (i.e. as of 7:15a.m. UTC on October 11), Bitcoin is trading around 56,706, which means that it is up 1.75% in the past 24-hour period. As for the year-to-date period, the Bitcoin price is up 95.54% vs USD.

One-Year BTC-USD Price Chart (Coinbase) by TradingView

Crypto analyst Lex Moskovski said yesterday that if Bitcoin really starts to take off, then it does not necessarily mean that all the altcoins will be left behind and proceeded to explain why:

Previous Post

The Dollar Rose To Its Highest in Nearly Three Years Versus The Yen

Next Post

Buhari to complete 2nd Niger Bridge

Related News

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX All-Share Index Breaks 190,000 Barrier, Market Cap Surges by N5.1 Trillion in Single-Day Rally

by Jide Omodele
February 17, 2026
0

The Nigerian Exchange Limited (NGX) recorded one of its strongest single-day performances on Monday, February 17, 2026, as the benchmark...

Ghana Reaches Agreement on Eurobond Restructuring: Key Details Explained

Nigeria’s DMO Targets N800 Billion in February Bond Auction as Yields Hover Near 20%

by Stephen Akudike
February 17, 2026
0

The Debt Management Office (DMO) has announced intentions to raise N800 billion from the domestic market through a Federal Government...

OPEC – Nigeria’s oil production decreases to 972 tb/d

Nigeria’s Crude Oil Output Rises to 1.459 Million bpd in January 2026, Still Below OPEC Quota

by Akpan Edidong
February 12, 2026
0

Nigeria’s crude oil production increased to 1.459 million barrels per day (bpd) in January 2026, according to the latest Monthly...

57,000 Traders Lose Money as Bitcoin Drops to $26,000

Nigeria’s 2026 Crypto Rules: Binance Users Must Link NIN/TIN for Compliance

by Bolarinwa Mathew
February 3, 2026
0

Nigeria’s cryptocurrency landscape has entered a new era of stricter regulation, with the Nigeria Tax Administration Act (NTAA) 2025 now...

Next Post

Buhari to complete 2nd Niger Bridge

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

FG Aims to Recoup N553 Billion in Unremitted Taxes from International Petroleum Shipping Companies

FG Targets N800 Billion in February Bond Auction, Doubling Last Year’s Offer Amid High Borrowing Costs

February 17, 2026
Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX All-Share Index Breaks 190,000 Barrier, Market Cap Surges by N5.1 Trillion in Single-Day Rally

February 17, 2026

Popular Story

  • Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

    NGX All-Share Index Surges 6.16% to Record 182,313.08 Points, Market Cap Hits N117.03 Trillion

    0 shares
    Share 0 Tweet 0
  • Brent Crude Holds Above Nigeria’s 2026 Budget Benchmark at $67.78

    0 shares
    Share 0 Tweet 0
  • Gold Rebounds Above $5,000 as Dollar Weakens and Geopolitical Risks Linger

    0 shares
    Share 0 Tweet 0
  • Telecom Sector Sees Dramatic FDI Surge to $208.51 Million in Q3 2025

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Sparks Intense Competition in Nigeria’s Petrol Market with Sharp Price Reduction

    0 shares
    Share 0 Tweet 0
RateCaptain

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>