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Bitcoin's Value Nears USD 50,000 Notch, Leapt 20 Percent on Monday - Novinite.com

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Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla s investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers.
The most popular cryptocurrency has gained 1,150% from March 2020 lows as institutional investors search for alternative wealth stores and retail traders ride the wave. It traded at a few hundred dollars only five years back.
Monday, it leapt 20% after Tesla announced it had a $1.5 billion investment and that it would eventually take the cryptocurrency as payment for its cars. That was its largest daily rise in more than three years. ....

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Bitcoin soars toward $50K as Tesla takes it mainstream

<div class="at-above-post addthis tool" data-url="https://www.metro.us/bitcoin-soars-toward-50k/"></div>NEW YORK/LONDON (Reuters) – Bitcoin powered to a record high on Tuesday, approaching the $50,000 mark, basking in the afterglow of Elon Musk-led Tesla’s investment in the cryptocurrency that had investors believing it may become a mainstream asset class. The most popular cryptocurrency <BTC=BTSP> has gained 1,150% since its March 2020 lows, as institutional investors […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/bitcoin-soars ....

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Bitcoin nears $50,000 as cryptocurrencies ride Tesla wave

Bitcoin is at the head of the pack in a cryptocurrency boom, gaining 1,150 percent since its March 2020 low. ....

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Bitcoin's Value Nears USD 50,000 Notch, Leapt 20 Percent on Monday

Bitcoin's Value Nears USD 50,000 Notch, Leapt 20 Percent on Monday
pakistantelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakistantelegraph.com Daily Mail and Mail on Sunday newspapers.

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Bitcoin powers towards $50K as Tesla takes it mainstream

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NEW YORK/LONDON (Reuters) - Bitcoin powered to a record high on Tuesday, approaching the $50,000 mark, basking in the afterglow of Elon Musk-led Tesla’s investment in the cryptocurrency that had investors believing it may become a mainstream asset class.
FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic/File Photo
The most popular cryptocurrency BTC=BTSP has gained 1,150% since its March 2020 lows, as institutional investors searched for alternative investments and retail traders rode the wave. It traded at a few hundred dollars only five years earlier. ....

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