Bitcoin blew through another milestone, surging past $50,000 for the first time as the blistering rally in the largest cryptocurrency continues to captivate investors worldwide, APA-Economics reports citing CoinMarketCap.
The world’s largest cryptocurrency reached about $50,191 as of 7:32 am in New York and is now up about 73% so far this year. Ether, a rival crypto, hit a record on Friday and is up about 140% year-to-date.