Cryptocurrency Bitcoin Clocks All-Time High; Cross $60,000+
The Bitcoin value touched an all-time high of $60,012 during the trading day on March 13. Reportedly, the corporate-backed cryptocurrency's value increased many folds since March 2020, when it stood at $5,000. Seeing the rise, online payment platform PayPal has said to encourage its account holders to use the cryptocurrency. Launched in 2009, Bitcoin recently received $1.5 billion investments by Tesla’s Elon Musk, while Twitter’s Jack Dorsey and rapper Jay-Z pool fund for investment.