Bitcoin Price Nears $50,000 Milestone

The weekend move pushed the world’s No. 1 digital asset bitcoin price to a fresh record mark of $49,716.44, according to CoinDesk, adding to a steady grind toward all-time highs as greater attention and more institutional investments in cryptos has provided a felicitous near-term backdrop for the virtual market.

Bitcoin’s momentum higher has driven it to a year-to-date gain of over 64%, compared with a rise of 2.8% for the Dow Jones Industrial Average , a 4.8% advance for the S&P 500 index and fetching 9.4% rally for Nasdaq thus far in 2021.

Bitcoin Price Nears $50,000 Milestone via @marketinvestor
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