Bitcoin nears $50,000 as it reaches record
Al Jazeera
Bitcoin has been buoyed in recent months by endorsements from the likes of Paul Tudor Jones and Stan Druckenmiller.
Bitcoin reached a new record on Sunday rising above $49,000 for the first time. The world’s largest cryptocurrency reached about $49,344 earlier in the day, and was around $49,202 as of 10:20am in London. It is now up about 70% so far this year. Rival cryptocurrency Ether hit a record on Saturday and is up about 150% year-to-date.More Related News