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Unstoppable Bitcoin… Tesla surpasses $50,000 for the first time in history

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The cryptocurrency bitcoin price surpassed $50,000 for the first time ever on the 16th (local time). It is believed that companies such as Tesla and the US financial sector are leading the uptrend.

According to Reuters, the price of 1 bitcoin on this day was 50,602 dollars, and it has risen more than 70% this year alone.

Tesla, a US electric car company led by Elon Musk, recently announced that it has purchased $1.5 billion worth of bitcoin, which is diagnosed as a major price increase factor. Tesla has also revealed the possibility of accepting Bitcoin as a payment method for its vehicle purchase.

In addition, according to Bloomberg News, New York Melon Bank (BNY Melon), the oldest bank in the United States, plans to hold, transfer, and issue virtual currency. Mastercard also plans to support cryptocurrency on its own network this year. In addition, in Canada, the Bitcoin ETF (listed index fund) was recently approved by the authorities for the first time.

Shin Hyun-bo, Hankyung.com reporter [email protected]

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