Bitcoin, the largest cryptocurrency, has capped off its blockbuster week with yet another all-time high this Sunday.
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It touched $49,357 at 6:01 a.m. on the Bitstamp exchange, making a run at the much-coveted $50,000 level.
Bitcoin's market cap is now above $910 billion, with its dominance inclining closer to 61 percent.
From Tesla's shocking $1.5 Bitcoin bet to Mastercard and BNY Mellon — this has been undoubtedly one of the most successful weeks for Bitcoin in its entire history.
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Fri, 02/12/2021 - 13:34
JPMorgan Co-President Is "Sure" There Will Be Demand for Bitcoin
Moreover, as reported by U.Today, Morgan Stanley is reportedly considering investing in the world's largest cryptocurrency.
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Dan Burgin
Vladislav Sopov
U.Today Editorial Team