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Bitcoin Jumps to New All-Time High, Coming Awfully Close to $50,000

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Sun, 14/02/2021 - 6:18
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Bitcoin Jumps to New All-Time High, Coming Awfully Close to $50,000
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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. 

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Image by tradingview.com

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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Moreover, as reported by U.Today, Morgan Stanley is reportedly considering investing in the world's largest cryptocurrency.     

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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