In the past week, the digital currency represented by Bitcoin has suffered two plunges. The price of Bitcoin once fell below US $48,000, a drop of more than 20%, but tonight, Bitcoin surpassed US$53,000, a 24- hour increase of 8%.

Bitcoin regained lost ground this time quickly, not only broke through 53,000 U.S. dollars, in fact, the highest broke through 53,938 U.S. dollars, and now it is around 53600 U.S. dollars.

Affected by this, other digital currency prices also rose, ETH temporarily newspaper 2502.01 USDT (+ 6.96%), XRP temporarily newspaper 1.24868 USDT (+ 9.31%), BCH temporarily newspaper 829.85 USDT (+ 3.71%), LTC temporarily newspaper 243.71 USDT (+4.23%) and DOT temporarily reported 32.5872 USDT (+5.59%).

In the case of multiple digital currencies pulling up, the total value of the global digital currency market has also rebounded to more than 2 trillion U.S. dollars, the latest is 2,054.834 billion U.S. dollars, an increase of 5.94% , and the 24h trading volume is 250.32 billion U.S. dollars, an increase of 43.82%.

Bitcoin's renewed surge has made many investors rest assured, but every big increase also means that there are short contracts to be liquidated.

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