Business
Bitcoin is nearing the $50,000 milestone after last week's Tesla-fueled surged
15 days ago | By Business Insider
Summary List Placement Amid a renewed buzz around cryptocurrencies, Bitcoin is nearing the $50,000 milestone, a would-be record high. Bitcoin hit a high of $49,716.44 Sunday morning, according to Coindesk .
Last week, Bitcoin surged from around $37,000 to $47,000 as high-profile investors entered the fray. Bitcoin was trading at $48,344.62 as of 10:30am ET on Sunday.
Tesla bought $1.5 billion in Bitcoin in January , prompting at 16% surge after the purchase was disclosed Monday morning. A Morgan Stanley investment arm is also considering a bet on bitcoin, according to Bloomberg. And BNY...
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