Bitcoin rises above $50,000 to a new record high

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Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. ? Reuters/File Bitcoin builds on rally fuelled by signs that it is gaining acceptance among mainstream investorsBitcoin hit a new high of $50,602, and was last up 5% at $50,300It has risen around 72% so far this year, with most gains coming after Tesla said it had bought $1.5

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