Bitcoin breaks above $50,000 for first time ever

Bitcoin rose above $50,000 on Tuesday to a new record high, building on rally fuelled by signs that the world`s biggest cryptocurrency is gaining acceptance amongst mainstream investors.

Bitcoin breaks above $50,000 for first time ever
Bitcoin breaks above $50,000 for first time ever. Source: Reuters

Bitcoin rose above $50,000 on Tuesday to a new record high, building on rally fuelled by signs that the world`s biggest cryptocurrency is gaining acceptance amongst mainstream investors.

See Zee Business Live TV Streaming Below:

Bitcoin hit a new high of $50,000, and was last up 3.9% at $49,891. It has risen around 72% so far this year.

(Reporting by Thyagaraju Adinarayan; editing by Sujata Rao)

 

 

The story has been taken from a news agency

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-latest-fd-interest-rates-for-senior-citizens-know-what-major-banks-like-icici-bank-hdfc-bank-of-baroda-sbi-canara-bank-axis-bank-providing-currently-on-fixed-deposits-calculator-327278

Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits

https://www.zeebiz.com/personal-finance/photo-gallery-gratuity-calculator-inr-rs-38000-as-last-drawn-basic-salary-pay-and-5-years-5-months-of-service-know-gratuity-amount-payment-act-1972-eligibility-criteria-conditions-employer-employees-wage-327018

Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?

https://www.zeebiz.com/personal-finance/photo-gallery-epfo-retirement-pension-scheme-early-pension-superannuation-disablement-widow-child-orphan-pension-online-login-passbook-employee-provident-fund-327598

EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know

https://www.zeebiz.com/trending/photo-gallery-delhi-aqi-today-air-pollution-level-falls-to-very-poor-quality-schools-closed-work-from-home-started-in-office-government-bans-firecrackers-sale-on-ecommerce-sites-city-records-lowest-temperature-327481

Delhi AQI Today: Air quality index level drops; city records season's lowest temperature

https://www.zeebiz.com/personal-finance/photo-gallery-top-5-small-cap-mutual-funds-with-best-sip-xirr-returns-in-1-year-calculator-inr-rs-25000-monthly-investment-has-grown-to-355000-nifty-150-tri-bse-invesco-edelweiss-hsbc-franklin-nav-aum-327419

Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-sbi-sip-mutual-funds-with-highest-sip-return-xirr-in-1-year-capital-gains-calculator-how-inr-rs-25000-monthly-investment-has-grown-to-bse-sp-nifty-multi-large-health-tech-banking-326674

Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404

https://www.zeebiz.com/markets/stocks/photo-gallery-adani-group-stocks-nosedive-heres-what-anil-singhvi-suggests-327508

Adani group stocks nosedive: Buy or Sell? Here's what Anil Singhvi says

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-state-bank-of-india-5-years-fixed-deposit-fd-vs-post-office-monthly-income-scheme-mis-where-can-you-get-more-income-in-5-years-on-investment-of-rs-200000-see-calculations-327293

SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations

https://www.zeebiz.com/trending/news-rains-in-tamil-nadu-orange-alert-issues-for-november-26-regional-meteorological-centre-cyclone-south-andaman-sea-puducherry-karaikkal-327505

Tamil Nadu Weather News: Heavy rain likely in TN, orange alert issued for Nov 26

https://www.zeebiz.com/markets/stocks/photo-gallery-psu-and-largecap-shares-to-buy-short-term-bse-sensex-nse-nifty-pick-of-the-day-327460

Stocks to buy: Hindustan Aeronautics, Zomato, Tata Tech, GMR Airports among analysts' top picks

Updated: Tue, Feb 16, 2021
06:16 PM IST
Reuters
RELATED NEWS
Why Bitcoin prices are at an all-time high? Here's what Anil Singhvi has to say Why Bitcoin prices are at an all-time high? Here's what Anil Singhvi has to say

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x