Cryptocurrency value up 75% since start of year spurred by prominent business people
Bitcoin soared through the key $50,000 level on Tuesday for the first time as the growing acceptance of the world’s biggest cryptocurrency among large banks and investment funds continued to draw in mainstream investors.
After a meteoric rise in which its value increase by 75% since the start of the year, bitcoin hit $50,547.70 in European trading at around 12.35pm GMT.
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Cryptocurrency value up 75% since start of year spurred by prominent business people
Bitcoin soared through the key $50,000 level on Tuesday for the first time as the growing acceptance of the world’s biggest cryptocurrency among large banks and investment funds continued to draw in mainstream investors.
After a meteoric rise in which its value increase by 75% since the start of the year, bitcoin hit $50,547.70 in European trading at around 12.35pm GMT. Continue reading…Technology | The Guardian