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Tesla founder Elon Musk in 2019
Photo: MIKE BLAKE / REUTERS
The record hunt for the digital currency Bitcoin continues.
On the trading platform Bitstamp, by far the largest cryptocurrency on the market cost up to $ 52,940 on Friday.
This surpassed the latest record this week by almost $ 1,000.
The market value of all bitcoins in circulation rose to a high of $ 985 billion on Friday.
The dazzling multi-billionaire and Tesla boss Elon Musk once again provided a boost to the share price.
He explained on Twitter why, in his opinion, cryptocurrencies are preferable to traditional currencies.
If conventional currencies were subject to negative real interest rates, only a fool would not look elsewhere, wrote Musk.
He was describing the loss that many investors currently have to accept in view of extremely low interest rates and taking inflation into account.
The fact that Bitcoin reacts to tweets from Musk is nothing new.
Musk is an avowed crypto fan and speaks lively on the subject, mostly through the news service Twitter.
It was recently announced that the electric car manufacturer Tesla had invested billions in Bitcoin and wanted to accept the Internet currency as a payment method in the future.
That gave Bitcoin, which is already soaring, an additional boost.
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