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

IMF Warns Rising Stablecoin Use Could Weaken Naira Demand and Monetary Policy

Nigeria Maintains Lead in Africa’s Stablecoin Adoption as USDT Interest Surges

Cost of Healthy Diet Rises to N1,541 Per Day as Food Expenses Climb

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

IMF Warns Rising Stablecoin Use Could Weaken Naira Demand and Monetary Policy

by Bolarinwa Mathew
June 16, 2026
0

The International Monetary Fund (IMF) has raised concerns over the rapid adoption of U.S. dollar-denominated stablecoins in Nigeria, warning that...

Currency Shifts and Crypto Concerns: The Rising Naira and Falling Stable coins.

Nigeria Maintains Lead in Africa’s Stablecoin Adoption as USDT Interest Surges

by Bolarinwa Mathew
June 2, 2026
0

Nigeria continues to dominate Africa’s stablecoin market in 2026, with growing interest in USDT (Tether) and other dollar-pegged digital assets...

Nigeria’s Inflation Climbs to 19.6% in July 2022

Cost of Healthy Diet Rises to N1,541 Per Day as Food Expenses Climb

by Akpan Edidong
June 1, 2026
0

The average cost of consuming a healthy diet for an adult in Nigeria increased to N1,541 per day in March...

Debunking the Fuel Scarcity Myth and Its Impact on Financial Wellness

Nigeria’s Average Petrol Price Rises to N1,288.54 in March 2026, Anambra Pays Highest

by Akpan Edidong
May 6, 2026
0

The average retail price of Premium Motor Spirit (PMS) across Nigeria increased to N1,288.54 per litre in March 2026, according...

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 Records N13.33bn Revenue Shortfall from Gas Flaring Penalties

FG, States and LGs Share N2.3 Trillion from May 2026 Revenue

June 18, 2026
2024 Budget Outline: Oil Price Set at $77.96, Naira Stands at 750 Against the Dollar

FG Dismisses Plans for New Taxes on Fuel and Telecoms

June 18, 2026

Popular Story

  • Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

    Dangote Refinery Lowers Petrol Price to N1,252 per Litre in Response to Depot Competition

    0 shares
    Share 0 Tweet 0
  • Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing

    0 shares
    Share 0 Tweet 0
  • 31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Current Account Surplus Jumps 256% to $4.98 Billion in Q1 2026

    0 shares
    Share 0 Tweet 0
  • Bitcoin Surges Past $62,000 Following Federal Reserve Rate Cut

    0 shares
    Share 0 Tweet 0

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}
?>