Bitcoin, in terms of market value, rose 4.6% to $53,859.6.It passed $50,000 mark for first time in four weeks on Tuesday. Bitcoin fell below $50,000 in early September.Bitcoin hit its highest level since mid-May on Wednesday as bulls bid up the cryptocurrency after it breached the $50,000 mark in the previous session.The world’s largest cryptocurrency in terms of market value rose 4.6% to $53,859.6. It passed the $50,000 mark for the first time in four weeks on Tuesday on mounting institutional interest. In early September, bitcoin fell below $50,000 during a broad…
