11/9/2021- 8:32 a.m.
Bitcoin Rockets to ALL TIME High as Mastercard Embraces Crypto in Asia Pacific
Bitcoin has reached a new record high, soaring past the $68,000 mark for the first time ever Tuesday – while the total market capitalization of all crypto tokens breached $3 trillion on Monday.
Reaching an all-time high of $68,382, bitcoin rose by nearly 5% during Asian trading hours on Tuesday. As of 05:30 GMT, the rally slowed, but the cryptocurrency was still trading close to the $68,000 mark.
Mastercard has launched crypto-linked payment cards in the Asia-Pacific. The cards will enable consumers and businesses across the region to instantly convert cryptocurrencies into traditional fiat money for payments, the company said in a statement on Monday. (CoinDesk)
Mastercard also said last month it was working on ways to allow merchants and banks in the US to build cryptocurrency into their offerings with digital asset platform Bakkt.
