Speaking with Yahoo Finance, Orman said she had "personally played bitcoin" through an investment in the software company MicroStrategy ( MSTR ), which owns billions worth of the cryptocurrency . "Tesla and bitcoin are increasingly tied together and the latter had a crazy day, trading down -16.53% at one point before closing -4.21% in its worst daily performance this month," said Jim Reid, a senior strategist at Deutsche Bank. Bitcoin.it-Finance. That is up from $5,830 in March 2020. The world's most popular cryptocurrency rose to a record $57,553, taking its weekly gain to around 20%. Yahoo Finance’s Zack Guzman, Myles Udland and Brian Sozzi break down the details. Photo: Yahoo Finance UK Analysts also pointed to tweet from Elon Musk over the weekend saying bitcoin and ethereum prices "seem high." Cryptocurrencies extended gains in Asia on Tuesday, with bitcoin and ethereum reaching record highs, in the wake of a Tesla Inc investment in bitcoin. Find the latest Bitcoin CAD (BTC-CAD) stock quote, history, news and other vital information to help you with your stock trading and investing. Bitcoin nears an all-time high ahead of Coinbase’s direct listing on Wednesday. America’s Cryptocurrency Tax Center of Excellence leader told Yahoo Finance Live (video above). Yahoo Finance Video What Coinbase’s IPO means for the crypto market, Bitcoin nears record Bitcoin nears an all-time high ahead of Coinbase’s direct listing on Wednesday. Bitcoin has soared nearly ten-fold in value compared with a year ago, hovering around $57,000 on Monday. Yahoo Finance UK Bitcoin hits two-week high as it soars above $54,000 Tuesday morning's rise means the market value of the world's biggest cryptocurrency has once again crossed $1tn. Yahoo Finance Video What Coinbase’s IPO means for the crypto market, Bitcoin nears record Bitcoin nears an all-time high ahead of Coinbase’s direct listing on Wednesday. Stay informed every day with Yahoo Finance's free Fully Briefed newsletter. Get the latest business, economy and property news, delivered straight to you. Bitcoin hit a fresh high on Saturday, extending a two-month rally that took its market capitalization above $1 trillion on Friday. Yahoo Finance All Markets Summit Yahoo Finance All Markets Summit Berkshire Hathaway Berkshire Hathaway ... Bitcoin slid in the wake of the debut … Major firms such as BNY Mellon, asset manager BlackRock Inc and … "If bitcoin is bought inside a retirement plan, such as a 401(k) or IRA, it is treated like other investment assets: There is no tax on gains, but retirement plan distributions are taxed as ordinary income," Skancke says. Alexa rank 33,225. At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and … Bitcoin's gains have been fueled by evidence it is gaining acceptance among mainstream investors and companies, such as Tesla Inc, Mastercard Inc and BNY … Bitcoin, the world's biggest and best-known cryptocurrency, has fallen 26% from the year's high of $58,354.14 on Feb. 21 when it soared amid increasing confidence that it will become a mainstream investment and payments vehicle. Bitcoin posted its largest daily percentage gain in more than three years overnight, after Tesla made the announcement in its 2020 annual report. Bitcoin passed the $60,000 mark for the first time on Saturday, with analysts saying the giant US stimulus package helped boost the world's most popular virtual currency on its record-breaking run. Market open. Bitcoin USD (BTC-USD) CCC - CoinMarketCap. 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