Bitcoin, the world’s biggest cryptocurrency, on Saturday crossed a record high of $60,000.

Bitcoin is up more than 2% from its previous year high of $58,354.14 on Feb. 21.

BILL GATES IS WORRIED ABOUT BITCOIN, OTHER CRYPTOCURRENCIES FOR THIS REASON

Bitcoin’s price soared this year as major firms, such as BNY Mellon, asset manager BlackRock Inc, credit card giant Mastercard Inc, backed cryptocurrencies, while those such as Tesla Inc Square Inc and MicroStrategy Inc invested in bitcoin.

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