Stay updated with breaking news from Anna Irrera. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Bitcoin rose above $50,000 on Tuesday for the first time, adding steam to a rally fuelled by signs that the world's biggest cryptocurrency is gaining acceptance among mainstream investors and... | February 20, 2021
<div class="at-above-post addthis_tool" data-url="https://www.metro.us/bitcoin-tops-50000-as/"></div>LONDON (Reuters) – Bitcoin rose above $50,000 on Tuesday for the first time, adding steam to a rally fuelled by signs that the world’s biggest cryptocurrency is gaining acceptance among mainstream investors and companies. Bitcoin hit a record $50,603 and was last up 0.83% at $48,351. It has risen around 67% so far this year, […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below vi...
Bitcoin rose above $50,000 on Tuesday to a new record high, building on a rally fuelled by signs that the world's biggest cryptocurrency is gaining acceptance amongst mainstream investors.
(Refiles to change slug, no changes to text) Feb 16 (Reuters) - Bitcoin rose above $50,000 on Tuesday for the first time, continuing a rally that has seen it rise nearly 900% since March last year. Sceptics of the cryptocurrency’s ability to go mainstream say it is rarely used for regular transactions and is too volatile to be a reliable store of value or hedge against inflation. But it has attracted endorsements from business people, celebrities and companies, betting bitcoin will become an alternative to central-bank issued currencies. Here are some of bitcoin’s best-known backers: Elon...
Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker's backing of bitcoin this week could turbo-charge global use of a currency that's estimated to cause more pollution than a small country every year.