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Bitcoin surpasses $60,000 for first time in history

BITCOIN

Bitcoin crosses the US$60,000 mark for the first time in history on Saturday, with analysts saying the giant US stimulus package helped boost the world’s most popular virtual currency on its record-breaking run, according to a website South China Morning Post.

Bitcoin has tripled in value over the last three months – it was worth US$20,000 in December – supported by corporate heavyweights.

According to a website Markets.com , “bitcoin went up as investors looked to the imminent arrival of stimulus cheques”

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