Bitcoin topped $50,000 on Tuesday morning — Here’s what it means

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  • CNBC Television published this video item, entitled “Bitcoin topped $50,000 on Tuesday morning — Here’s what it means” – below is their description.

    Bitcoin’s price broke above $50,000 for the first time in history Tuesday, continuing its blistering rally as major companies appear to be warming to cryptocurrencies. CNBC’s “Squawk on the Street” crew discuss what it could mean for the markets, the economy, future policy, gold and more.

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    In This Story: Bitcoin

    Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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