Bitcoin has surged to a record ,000 as stimulus hopes and big-name backers fuel demand | Currency News | Financial and Business News

Bitcoin has surged to a record $60,000 as stimulus hopes and big-name backers fuel demand | Currency News | Financial and Business News

The surge marked a 1,000% gain in the past year.

  • Bitcoin hit a record $60,000 on Saturday, marking a 1,000% gain in the past year.
  • The cryptocurrency has benefited from institutional support and fiscal stimulus.
  • Mark Cuban and Kevin O’Leary are fans, Warren Buffett and Michael Burry aren’t.
  • See more stories on Insider’s business page.

Bitcoin surged as high as $60,000 for the first time on Saturday, lifting its price increase over the past year to more…


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