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Printed from https://www.writing.com/main/view_item/item_id/2244732-Bitcoin-Hits-Another-High
by Epiehl
Rated: E · Article · Biographical · #2244732
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.

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Printed from https://www.writing.com/main/view_item/item_id/2244732-Bitcoin-Hits-Another-High