After being shunned by traditional financial firms, bitcoin has finally entered the mainstream. Bitcoin’s surge past a record high of $48,000 earlier on Thursday after Tesla’s investment.
The biggest virtual currency in terms of market capitalisation has gained about 66% this year and has soared at 1,200% since March 2020. However, some market participants continuously advise caution.
Bitcoin soars all-time high after Tesla’s $1.5 billion investment
