Bitcoin hits fresh high of $58,354

Bitcoin hits fresh high of $58,354

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Bitcoin 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, bringing its weekly earnings to around 20%. This year it has soared by about 100%.

Bitcoin’s gains have been fueled by evidence it is gaining acceptance among mainstream investors and companies, such as Tesla Inc, Mastercard Inc and BNY Mellon. 

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