Bitcoin breaks above $50,000 for first time ever By Reuters

February 16, 2021 0 By boss


© Reuters. FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes

LONDON (Reuters) – rose above $50,000 on Tuesday to a new record high, building on rally fuelled by signs that the world’s biggest cryptocurrency is gaining acceptance amongst mainstream investors.

Bitcoin hit a new high of $50,000, and was last up 3.9% at $49,891. It has risen around 72% so far this year.

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