• Thursday, February 22, 2024
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BusinessDay

Bitcoin sets new all-time high, breaks $50,000

CBN orders banks to close accounts of crypto exchanges

Bitcoin blew through another milestone on Tuesday, surging past $50,000 for the first time as the blistering rally in the largest cryptocurrency continues to captivate investors worldwide.

The world’s largest cryptocurrency reached about $50,191 and is now up about 73 percent so far this year.

Ether, a rival crypto, hit a record on Friday and is up about 140 percent year-to-date.