Bitcoin Surges 6%, Touching $58,000

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.

Bitcoin Surges 6%, Touching $58,000

In February, Mastercard made a similar statement, announcing that later in 2021, it will allow cryptocurrency payments to be conducted on its network.


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