Economy Update : Bitcoin price hits another record, surpasses $49,000

Insight Online News

Moscow, Feb 14 : Bitcoin price went over $49,000 on Sunday to reach a new all-time high less than a week after it surpassed $48,000 for the first time.

According to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, as of 06:08 GMT, the price of bitcoin rose by 2.7 percent to $49,143.

As of 06:08 GMT, on Binance, the largest cryptocurrency exchange in terms of trading volume, bitcoin rose by 3.33 percent to $49,300.

UNIINDIA

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