Connect with us

The True Herald


Economy

Bitcoin hits fresh high – Reuters

Spread the love

https://www.reuters.com/article/us-crypto-currency-bitcoin-idUSKBN2AL0KX

Spread the love

FILE PHOTO: A representation of virtual currency Bitcoin is seen in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – Bitcoin continued gaining on Sunday, rising to a fresh high and extending a two-month rally that took its market capitalization above $1 trillion on Friday.

The world’s most popular cryptocurrency rose to a record $58,354, taking its weekly gain to around 20%. It has surged around 100% this year.

Support Our News Campaign

Shop our Store

Click Here To Shop

Bitcoin’s gains have been fueled by evidence it is gaining acceptance among mainstream investors and companies, such as Tesla Inc, Mastercard Inc and BNY Mellon.

Reporting by Megan Davies in New York; Editing by Daniel Wallis

Subscribe to the newsletter news

We hate SPAM and promise to keep your email address safe

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Top Stories

Trending Stories

To Top