{"id":79791,"title":"Bitcoin, ether hit fresh highs","publisher":"Share Talk","author":"sharetalk","published":"2021-02-20T09:58:01+00:00","modified":"2021-02-20T09:58:01+00:00","canonical_url":"https://www.share-talk.com/bitcoin-ether-hit-fresh-highs/","markdown_url":"https://www.share-talk.com/bitcoin-ether-hit-fresh-highs.md","json_url":"https://www.share-talk.com/bitcoin-ether-hit-fresh-highs.json","category":"Blogs","categories":["Blogs","Fintech"],"tags":["Bitcoin","Blockchain","BNY Mellon","cryptocurrency","derivatives","Ethereum","Exchange","Mastercard Inc","Tesla Inc"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&ssl=1","format":"news","language":"en-GB","content":"Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalisation cross $1 trillion a day earlier.\n\nThe world’s most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year.\n\nBitcoin’s gains have been fuelled by evidence it is gaining acceptance among mainstream investors and companies, such as **Tesla Inc (TSLA.O), Mastercard Inc (MA.N)** and **BNY Mellon (BK.N).**\n\nEther, the second-largest cryptocurrency by market capitalization and daily volume, hit a record $2,040.62 , for a weekly gain of about 12%.\n\nEther is the digital currency or token that facilitates transactions on the ethereum blockchain. In the crypto world, the terms ether and ethereum have become interchangeable.\n\nEther futures contracts launched on derivatives exchange CME earlier this month.\n\n**Reuters**\n\nOur Standards: [The Thomson Reuters Trust Principles.](https://www.thomsonreuters.com/en/about-us/trust-principles.html)"}