Bitcoin Extends Its Rally to an All-Time High Close to $50,000 – Bloomberg

Bitcoin reached another record, coming ever closer to $50,000, as the world’s largest cryptocurrency extends its breathtaking rally.

The token climbed as much as 3.6% to $49,913 in Asian trading Tuesday, according to a composite of prices compiled by Bloomberg. Bitcoin’s volatile, fivefold advance over the past year towers above the returns from…


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