Bitcoin rises 5% to $50,942.58
Thursday, March 04, 2021, 16:06 GMT+7 A collection of bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec. 8, 2017. Photo: Reuters Bitcoin rose 5% to $50,942.58 on Wednesday, adding $2,426.23 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, has risen 83.7% from the year’s low of $27,734 on Jan. 4. Bitcoin has fallen 12.7% from the year’s high of $58,354.14 on Feb. 21. Bitcoin’s price soared this year as major firms, such as BNY Mellon, asset manager BlackRock Inc, credit card giant Mastercard Inc, backed cryptocurren...
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