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Another week in 2021 witnessed another few historic moments for Bitcoin. Last week saw a $1.5 billion investment in BTC by Tesla, and Mastercard’s announcement that it would be accepting Bitcoin on its network. This week, BTC crossed through the $50,000 mark for the first time and held levels above $50K for most of the week.
The move past $50K has brought with it much media attention: Bitcoin, which was already riding high in the headlines because of the Tesla announcement, has stayed in the center of attention although not all of that attention has been positive.
Bitcoin’s Rally Continues, and So Do Its PR Problems