Bitcoin surges for fifth day in a row, narrows gap to record high

Topics Bitcoin | Bitcoin surge


(Reuters) - Bitcoin rose strongly on Tuesday, on course to gain for a fifth straight day, in a rally that has left the cryptocurrency within touching distance of an all-time high hit last month. The digital currency was trading up 3.3% at $54,206 amidst a broadly supportive risk rally, climbing toward a record high of $58,354.

14 seen on Feb. 21. [MKTS/GLOB] Bitcoin has risen about 87% this year, broadly outperforming conventional asset classes, partly due to broader acceptance as a form of payment. On Tuesday, bitcoin's surge.....

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