Bitcoin breaks above $50,000 for first time
Warnings grow louder as world's biggest cryptocurrency hits $50,602 before falling back
16 February 2021 - 19:58
London — Bitcoin rose above $50,000 on Tuesday to an all-time high, 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 $50,602, and was last up 2.7% at $49,100. It has risen about 70% so far in 2021, with most of the gains coming after electric carmaker Tesla said it had bought $1.5bn in bitcoin...
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