Latest: Checkout Bitcoin New Price As It’s Price Rise Higher
Bitcoin rose above $50,000 for the first time on Tuesday as Wall Street pushed further into record territory on mounting confidence of Covid-19 recovery. Checkout Bitcoin New Price and value below.
Bitcoin surged to $50,547.70 in midday European trading as an increasing number of corporate heavyweights back the world’s most popular virtual currency.
The price of the cryptocurrency has soared 75 per cent since the start of the year.
Meanwhile, oil held close to 13-month highs on hopes of keen demand amid a severe cold snap in Texas.
European equities eased after soaring the previous day.
Sterling soared to $1.3952, the highest level for nearly three years, before pulling back.
The euro sank to 87.06 pence, the lowest point since May.
A strong pound tends to dent London share prices because it weighs on the profits of dollar-earning multinationals.
Asia’s leading stock markets closed with strong gains and the dollar declined against the euro and yen.