The world-famous cryptocurrency bitcoin has crossed another milestone and the value of a bitcoin has exceeded dollar 50,000.
A few days ago, Tesla, the car manufacturer of the world’s richest man Alan Musk, said that he had bought 1.5 billion dollars worth of corrupt currency in January 2021.
After the announcement of Tesla, the price of bitcoin increased significantly and one bitcoin touched the limit of thousand 44,000.
Now the cryptocurrency has crossed another milestone and the price of a bitcoin has exceeded dollar 50,000, meaning that the price of a bitcoin in Pakistani currency has exceeded Rs. 8 million.
The price of a bitcoin reached thousand 50,191 during trading on Tuesday, this year the price of a bitcoin has risen 73 percent.
It should be noted that in the last quarter of last year, the price of bitcoin had increased by 140% and one coin had reached 29 29,000 while a few days ago the price of bitcoin had reached 40 40,000.
In an interview a few days ago, Alan Musk expressed hope that the bitcoin would soon be recognized as a currency around the world and that investors would accept cryptocurrency for trading purposes.
Experts say that one of the world’s largest companies, Tesla’s investment in bitcoin could be a game changer.