It is up more than 60% for the year to date and has gained more than 1,100% since hitting a one-year low last March

Another record high for Bitcoin, approaches $50,000

Total investor inflows into cryptocurrency funds and products hit $5.6 billion so far this year.

Total crypto fund inflows top $5 billion this year

Britain’s financial watchdog said on Tuesday it would ban the sale to retail investors of products tracking the price of cryptoassets like Bitcoin, arguing that most people lost money on them.

UK watchdog bans Bitcoin-based products for retail investors

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Another record high for Bitcoin, approaches $50,000

Total crypto fund inflows top $5 billion this year

UK watchdog bans Bitcoin-based products for retail investors