Bitcoin price on Tuesday surged above $50,000 for the first time in a month. The world’s largest cryptocurrency rose 5.15 per cent day-to-day to $50,001.04 on October 5. The most popular cryptocoin remained under pressure throughout the month in September. On September 21, Bitcoin dropped to $40,596 amid broader elloff in shares of cryptocurrency. However, it roared back to $50,000-mark within two weeks, thanks to support from crypto investors and enthusiasts across the world.