Bitcoin surged 6.15 % to $60,790.56 on Saturday, adding $3,519.52 to its previous close, Trend reports citing Reuters.
Bitcoin, the world’s biggest and best-known cryptocurrency, is up 119.2% from the year’s low of $27,734 on January 4.
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Bitcoin, the world’s biggest cryptocurrency, on Saturday reached a record high, trading up to $59,755, Trend reports citing Reuters.
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.