Bitcoin hits $60,000 in record high

Representations of virtual currency Bitcoin are seen in front of Tesla logo in this illustration

Bitcoin, the world’s biggest cryptocurrency, on Saturday crossed a record high of $60,000.

This is the highest rise of this controversial cryptocurrency in 2021.

Optimistic experts suggest Bitcoin could cross $100,000 benchmark by September of 2021. The update comes after Indian government reversed the scheduled ban on cryptocurrencies in India through a statement from Indian Finance Minister.

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