Bitcoin $50,000 milestone nears as world’s No. 1 cryptocurrency rises in 2021

Bitcoin prices on Sunday were approaching a psychological milestone around $50,000.

The weekend move pushed the world’s No. 1 digital asset to a fresh record mark of $49,716.44, according to CoinDesk, adding to a steady grind toward all-time highs as greater attention and more institutional investments in cryptos has provided a felicitous near-term backdrop for the virtual market.