Bitcoin price hits another record, surpasses $49,000

Moscow: Bitcoin price went over $49,000 on Sunday to reach a new all-time high less than a week after it surpassed $48,000 for the first time.

According to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, as of 06:08 GMT, the price of bitcoin rose by 2.7 percent to $49,143.

As of 06:08 GMT, on Binance, the largest cryptocurrency exchange in terms of trading volume, bitcoin rose by 3.33 percent to $49,300. (UNI)