[12/2/2021 ]
- Bitcoin soared to a new high Thursday following announcements from Mastercard and BNY Mellon.
- The price of bitcoin surged to an intraday record of $US48,297 ($AUD61,000) at around 8:30 am ET on Thursday.
- It is the second time the cryptocurrency blew past the $US48,000-mark this week.
- Bitcoin hit a fresh record, soaring to new highs following continued buy-in from major institutions.
On Thursday, Mastercard announced it will allow merchants to accept select cryptocurrencies on its network starting later this year, while Bank of New York Mellon said that it will issue, hold, and transfer bitcoin for clients in the future.
The price of bitcoin surged to an intraday high of $US48,297 at around 8:30 am ET on Thursday, It is the second time the world’s most popular cryptocurrency blew past the $US48,000-mark this week.
Mastercard joins a handful of companies embracing digital tokens as payment. Earlier this week, Tesla said it will also start accepting bitcoin as payment for its products, while also disclosing a $US1.5 billion bitcoin investment. The price of the digital asset spiked to record levels on the news.
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