Bitcoin hits record high; trades as high as $59,755 on Saturday

Bitcoin, the world`s biggest cryptocurrency, on Saturday reached a record high, trading up to $59,755.  

Bitcoin hits record high; trades as high as $59,755 on Saturday
Bitcoin is up more than 2% from its previous year high of $58,354.14 on February. 21.

Bitcoin, the world`s biggest cryptocurrency, on Saturday reached a record high, trading up to $59,755.

See Zee Business Live TV Streaming Below:

Bitcoin is up more than 2% from its previous year high of $58,354.14 on Feb. 21.

Bitcoin`s price soared this year as major firms, such as BNY Mellon, asset manager BlackRock Inc, credit card giant Mastercard Inc, backed cryptocurrencies, while those such as Tesla Inc Square Inc and MicroStrategy Inc invested in bitcoin.

 

 

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.

Reported By: Reuters
Written By: Reuters
Updated: Sat, Mar 13, 2021
04:51 pm
Patna, Reuters
RELATED NEWS
Asian shares slip ahead of crucial US inflation data Asian shares slip ahead of crucial US inflation data