Bitcoin price rises to $ 50,000

On March 7, the value of bitcoin rose to $49,912.

Earlier, the price of the cryptocurrency was $47,159.

In early February, the cost of bitcoin exceeded 58,0000 USD, updating the historical maximum.

Analysts linked the record rise in the value of bitcoin with a large investment in cryptocurrency by Tesla.

On February 8, Tesla founder Elon Musk announced his decision to invest $1.5 billion in bitcoin.