Bitcoin Price Tops $50,000 for First Time Ever

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In this pho­to illus­tra­tion, a visu­al rep­re­sen­ta­tion of the dig­i­tal Cryp­tocur­ren­cy, Bit­coin is on dis­play in front of the Bit­coin course’s graph on Feb­ru­ary 09, 2021 in Paris, France.Chesnot | Get­ty Images­Bit­coin’s price broke above $50,000 for the first time in his­to­ry Tues­day, con­tin­u­ing its blis­ter­ing ral­ly as major com­pa­nies appear to be warm­ing to cryptocurrencies.The world’s largest dig­i­tal cur­ren­cy by mar­ket valu­able rose more than 3% to an all-time high of $50,487 at about 7:30 a.m. ET, accord­ing to data from Coin Metrics.Bitcoin has got­ten a boost from news of large firms like Tes­la, Mas­ter­card and BNY Mel­lon show­ing sup­port for crypto. …

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