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Bitcoin jumps above $50,000 for first time ever

Feb 16, 2021 19:00 IST

Bitcoin surged past $50,000 for the first time on Tuesday as the world's biggest cryptocurrency continues to gain confidence from investors. Bitcoin hit a fresh high of $50,500. It has risen around 72% so far this year. Bitcoin is winning more mainstream attention after Tesla’s $1.5 billion purchase.

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