Cheering Move: Bitcoin Price Spikes With One Announcement!

The leading cryptocurrency Bitcoin (BTC) has risen above the $ 58,000 level for a short time. This bullish move is thought to be triggered by Visa's cryptocurrency announcement.

Bitcoin price broke $ 58,000 with Visa news!
In the past hour, the world's leading cryptocurrency has risen sharply. Bitcoin price climbed from $ 54,900 to $ 58,180 and then slid down. BTC rallied $ 3,300 before retracting. Bitcoin has recently received great support from various financial institutions, including Tesla, pioneered by Elon Musk, the world's richest person.

On March 25, Bitcoin fell to the level of $ 50,100 and now the coin has risen to $ 58,092. At the time of writing, BTC is changing hands at $ 57,970. Earlier today, payments giant Visa announced that it would enable its customers to make crypto payments using USDC, the second largest USD-backed stablecoin. In February, Mastercard made a similar statement, announcing that it will allow cryptocurrency payments on its network in late 2021.