Cost Of Single Bitcoin Surges Above $50,000 For First Time

The Rise Of Bitcoin Continued Today With The Cost Of A Single Unit Rising Above $50,000 For The First Time.
The Same Bitcoin Just One Year Ago Would Have Cost You $10,000.

In Addition The Price Is Up Almost 200% In The Last Three Months Alone.

The Digital Currency Is Rallying As More Companies Say They May Accept The Currency As Payment.

However Companies Have Been Hesitant Because Of Bitcoin’s Volatility And Its Use By Parties Who Want To Avoid The Traditional Banking System For A Slew Of Different Reasons.

Last Monday, However, The Electric Car Company Tesla Said That It Was Buying $1.5 Billion In Bitcoin As Part Of A New Investment Strategy, And That It Would Soon Be Accepting Bitcoin In Exchange For Its Cars.

Then Blue Ridge Bank,And Bny Mellon Said That They Would Provide Access To Bitcoin At Its Branches.

In Addition Mastercard Said It Would Start Supporting “Select Crypto Currencies” On Its Network.

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