Bitcoin hits record high By Reuters

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© Reuters. FILE PHOTO: A representation of Bitcoin virtual currency

(Reuters) – Continued to gain on Sunday, hitting a new high and extending a two-month rally that took its market capitalization above $ 1 trillion on Friday.

The world’s most popular cryptocurrency hit a record high of $ 58,354, taking its weekly gain to around 20%. It has jumped about 100% this year.

Bitcoin’s gains have been fueled by evidence that it is increasingly accepted by investors and mainstream companies, such as Tesla (NASDAQ 🙂 Inc, Mastercard Inc (NYSE 🙂 and BNY Mellon (NYSE :).

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