Bitcoin is topping 50-thousand dollars for the first time.
*BITCOIN TOPS $50,000 LEVEL FOR THE FIRST TIME IN HISTORY
All Blockchain Stocks in watch for continued moves https://t.co/8rZKmzQUEi
— Radio Silent (@RadioSilentplay) February 16, 2021
The price of the world’s largest digital currency jumped by three-percent this morning.
It has been on the rise since Tesla announced last week it was buying $1.5 billion worth of the cryptocurrency and would accept it for payments.
Tesla made more money buying Bitcoin in a day than they did all decade making cars.
— Documenting Bitcoin 📄 (@DocumentingBTC) February 15, 2021
However, Bitcoin has been highly volatile. It soared in 2017 to nearly 20-thousand dollars, then lost more than three-quarters of its value the following year.