Bitcoin breaks one record after another, continuing this year’s rally.
The world’s largest cryptocurrency has doubled in price this year as it becomes increasingly accepted as an investment and payment instrument with investors seeking high returns and low interest rates.
So, after the $60.000 limit that was broken on March 13th after Joe Biden signed the bill for the $1.9 trillion financial aid package, bitcoin hit $62.718 this morning. Major companies such as Mastercard, Tesla and BNY Mellon are among those who invest in bitcoin.
Ether, the second most popular crypto currency worldwide also hit a new record, climbing to $2.210.