Over the past hour, the world’s flagship crypto has surged approximately six percent, rising from the $54,900 area to the $58,180 level.
Bitcoin has been recently receiving massive support from various financial institutions, including Tesla spearheaded by the world’s wealthiest person – Elon Musk.
On March 25, Bitcoin dipped to the $50,100 level and by now has risen to recover $58,092.
At the time of writing, Bitcoin is changing hands at $57,909 on the US-based Kraken crypto exchange.
Earlier today, Visa giant announced that it plans to enable its customers to make crypto payments, using the second biggest USD-backed stablecoin – USDC.
In February, Mastercard made a similar statement, announcing that later in 2021, it will allow cryptocurrency payments to be conducted on its network.