[ad_1]
Bitcoin hit a new high of $ 50,602 and rose 5% in recent transactions to $ 50,300.
The cryptocurrency has grown by around 72% since the start of this year, and most of its gains came after electric car maker Tesla announced it bought $ 1.5 billion worth of digital currency.
Tesla added that it would also accept payments in that currency.
Tesla, however, is just the latest in a series of large-scale investing deals that have propelled Bitcoin from fringe funding deals to corporate balance sheets and trading desks on Wall Street, as companies traditional and fund managers in the United States have started buying this high value currency.
[ad_2]
Source link
