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Bitcoin hits fresh high

ForexFeb 21, 2021 20:00
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© Reuters.

(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.

Bitcoin's gains have been fueled by evidence it is gaining acceptance among mainstream investors and companies, such as Tesla Inc, Mastercard (NYSE:MA) Inc and BNY Mellon.

Bitcoin hits fresh high
 

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Comments (2)
Stephen Donald
Stephen Donald Feb 22, 2021 13:38
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Shorting should be made illegal.
Jonathan Stoner
Jonathan Stoner Feb 21, 2021 22:57
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Short BTC@61k
 
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