Bitcoin’s price rises to $50,000 as mainstream institutions hop on

Bitcoin’s price rises to $50,000 as mainstream institutions hop on

3 years ago
Anonymous $K6XgmDN5_o

https://arstechnica.com/tech-policy/2021/02/bitcoins-price-rises-to-50000-as-mainstream-institutions-hop-on/

The price of one bitcoin briefly rose above $50,000 on Tuesday morning to set a new record. By noon Eastern Time, the price had fallen to around $48,500.

Bitcoin's price is now far above the previous peak of $19,500 reached in December 2017. Bitcoin's value has risen by almost 70 percent since the start of 2021.