A follow up article about Bitcoin
|Bitcoin hit another record high yesterday, despite warnings from business analysts that the currency is a "economic sideshow".
Bitcoin is a decentralized digital currency without a central bank or single administrator that is sent from users to user on a peer-to-peer network without the need for intermediaries.
Bitcoin hit $1 trillion market capitalization yesterday.
Bitcoin surpassed $54,000, jumping to $56,399.99.
That's a weekly gain of 14%. 70% this month.
The gain is a result of MasterCard Inc. and Tesla Inc. recently investing in the currency.