Bitcoin Prices Hit New Record of $61K

Bitcoin Prices Hit New Record of $61K

Bitcoin prices reached a new high of more than $61,000 on Sunday before falling back. The digital currency has seen its value double since the start of 2021. Institutional investors and apprehensions regarding inflation may be driving Bitcoin’s growth.

Square Falls Flat After Q4 Earnings Release

Square Falls Flat After Q4 Earnings Release

Digital payment provider Square disclosed that it had purchased US$170 million worth of Bitcoins in their Q4 2020 earnings release on Tuesday. The company outperformed analyst expectations. However, traders may be concerned about potential volatility.

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