A new all-time high for cryptocurrency



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A new record level for a room

Reuters

Bitcoin cryptocurrency

The price of the digital currency “Bitcoin” hit a new record on Thursday, and reached $ 48,481 when traded on the BitStamp platform.

And the value of the cryptocurrency increased after the US electronic payment card issuer “MasterCard” committed to accepting cryptocurrencies on its electronic payment network.

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Raj Dhamudharan, in charge of digital assets at MasterCard, said the company will allow transactions using specific digital currencies and communicate with central banks that are working to develop their own digital currencies.

Bitcoin, the world’s oldest and most famous digital currency, benefited from the announcement of MasterCard, in addition to the announcement of electric car maker Tesla earlier this week to buy Bitcoins worth $ 1.5 billion and its intention to allow its customers to use that currency to buy its future cars.

And the announcement of “Tesla” also led to an increase in the price of bitcoin, with growing hopes that other companies would follow suit, which would contribute to the widespread acceptance of encrypted digital currency in the market.

Source: Agencies



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