Bitcoin hits fresh high
(Reuters) – Bitcoin continued gaining on Sunday, rising to a fresh high and lengthening a two-month rally that took its market capitalization above $1 trillion on Friday.
The world’s hottest cryptocurrency rose to a doc $58,354, taking its weekly obtain to spherical 20%. It has surged spherical 100% this yr.
Bitcoin’s good factors have been fueled by proof it is gaining acceptance amongst mainstream merchants and corporations, resembling Tesla Inc, Mastercard Inc and BNY Mellon.
(Reporting by Megan Davies in New York; Editing by Daniel Wallis)
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