Bitcoin, seemingly omnipresent, crosses the $50,000 mark

After a wild week in which Bitcoin soared to new heights, Bitcoin is crossing the $50,000 mark

Bitcoin rallied throughout the as more companies signaled the volatile digital currency could eventually gain widespread acceptance as a means of payment for goods and services. Bitcoin has been mostly seen as a store of value, like gold, with very few places to spend it.

It remains unclear how many major companies will follow Tesla’s lead. Analysts predict a slow evolution toward widespread usage of bitcoins to pay for goods and services.