Bitcoin | Story of bitcoin | Bitcoin powers towards $50K as Tesla takes ...

Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla (NASDAQ:TSLA)'s investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers. The most popular cryptocurrency has gained 1,150% from March 2020 lows as institutional investors search for alternative wealth stores and retail traders ride the wave. It traded at a few hundred dollars only five years back. https://youtu.be/6KtbQt3Mbh0