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Record value - Bitcoin price breaks the $ 50,000 mark for the first time

Record value – Bitcoin price breaks the $ 50,000 mark for the first time

Bitcoin reaches another milestone: The oldest and most important cyber currency passed the 50,000 mark for the first time on Tuesday and rose by 3.8 percent to a Rerecord high of $ 50,031.41.

In mid-December, it exceeded its 2017 record and broke the $ 20,000 barrier. Shortly thereafter, she jumped the $ 30,000 and $ 40,000 hurdles.

Tesla kicked off the current rally with the announcement that it had invested 1.5 billion in Bitcoin. Elon Musk, head of the electric car manufacturer, is considered a fan of cryptocurrencies. He had given both Bitcoin and other internet currencies a boost with positive tweets in the past few weeks. In addition, the credit card provider Mastercard announced that it will open its payment network for cryptocurrencies.

“Tesla’s commitment is grist to the mills of Bitcoin supporters who see cryptocurrency as the form of money of the future,” said DZ Bank analyst Sören Hettler. Investors should bear in mind, however, that such price jumps are usually followed by crashes. “Bitcoin can be considered as a portfolio addition as long as the extent of the exposure does not exceed the amount that can be accepted as a potential total loss.”

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