FX RATES
FX RATES

Bitcoin hits a $50,000 all time high

The world’s most popular crypto asset, Bitcoin has officially reached a new all-time high of $50,000.

This follows a week of exciting news including the world’s most valuable car maker Tesla accepting Bitcoin for future payments, and MicroStrategy planning to raise another $600 million to buy the flagship crypto.

Bitcoin held onto these gains, in the past week and has since rallied to a new all-time high of $50,00 after tagging an intra-day low of $43,909 a few days ago.

There is no doubt, 2021 continues to shape up as a very exciting year for Bitcoin.

The flagship crypto has gotten more credibility in recent days from blue-chip companies like Mastercard and  America’s oldest bank, BNY Mellon showing support for Bitcoin. Mastercard had earlier disclosed it would open up its network to some cryptocurrencies including Bitcoin.

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