Cryptocurrency Bitcoin has risen for the first time above $60,000, continuing its record-breaking run, the BBC reports.

Bitcoin – which has more than tripled in value since the end of last year – has been powered on by well-known companies adopting it as a method of payment.

But some analysts said this latest surge came in part due to the huge US stimulus package approved this week.

Bitcoin’s total market value last month exceeded $1tn.


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