The Bitcoin remains on the rise.
On Tuesday, the cyber currency hit the $ 50,000 mark.
Bitcoin was still at $ 20,000 in December.
Munich - The crypto currency Bitcoin cracked the $ 50,000 mark for the first time in its history on Tuesday.
The oldest and most important cyber currency was trading up to five percent higher at $ 50,602.31 around noon.
It wasn't until mid-December that Bitcoin jumped its 2017 high of $ 20,000.
Shortly thereafter, the hurdles at $ 30,000 and $ 40,000 fell.
Bitcoin: Tesla entry creates new imagination
Observers refer primarily to Tesla as the reason for the current high.
A week ago, the e-car pioneer announced that it had invested $ 1.5 billion in the cryptocurrency.
In addition, they want to accept Bitcoin as a means of payment in the future, it said in a letter to the American Securities and Exchange Commission.
Tesla boss Elon Musk is considered a fan of cryptocurrencies.
The multi-company had spurred the prices of Bitcoin and the Gaga currency Dogecoin with several tweets in the past few weeks.
The credit card company Mastercard has also recently shown itself to be open to possible transactions with cryptocurrencies.
The responsible Mastercard manager Raj Dhamodharan wrote in a blog that there is an exchange with central banks.
Bitcoin: central bank policy fuels demand
The cryptocurrency boom is also fueled by the glut of money from central banks and important industrialized countries.
During the Corona crisis, the central banks made their monetary policy, which was already loose, much more generous.
Many countries around the world support high spending consumers and businesses.
This leads to a further increase in national debt.
This could result in increased inflation that would devalue traditional currencies, observers fear.
Some investors are therefore increasingly asking for alternative investments such as digital currencies.