Bitcoin soars toward $50K as Tesla takes it mainstream

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NEW YORK/LONDON — Bitcoin powered to a record high on Tuesday, approaching the US$50,000 mark, basking in the afterglow of Elon Musk-led Tesla’s investment in the cryptocurrency that had investors believing it may become a mainstream asset class. The most popular cryptocurrency has gained 1,150% since its March 2020 lows, as institutional investors searched for […]

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