© Reuters. FILE PHOTO: A representation of virtual currency Bitcoin
(Reuters) – continued gaining on Sunday, rising to a fresh high and extending a two-month rally that took its market capitalization above $1 trillion on Friday.
The world's most popular cryptocurrency rose to a record $58,354, taking its weekly gain to around 20%. It has surged around 100% this year.
Bitcoin's gains have been fueled by evidence it is gaining acceptance among mainstream investors and companies, such as Tesla (NASDAQ:) Inc, Mastercard Inc (NYSE:) and BNY Mellon (NYSE:).
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.