Cryptocurrency

Bitcoin Tops $50,000, Hitting a More than 3-Month High

Bitcoin hit $50,000 on Sunday to reach a more than 3-month high, as the cryptocurrency continues to rebound. The digital coin rose above that level around 10:40 p.m. ET on Sunday, according to data from CoinDesk. It was trading at around $50,095 at 2:45 a.m. ET on Monday. Bitcoin hit an all-time high over $64,000 in April but sold off heavily in June and July, even dipping below $30,000.

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