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Popular cryptocurrency , Bitcoin has made history by rising to $ 50 , 000 for the first time ever on Tuesday . According to AFP , Bitcoin surged past the $ 50 , 000 mark in midday European trading, striking $ 50 , 547 . 70 around 1235 GMT . See : ‘ I Spend Almost N 900 k To Cut My Hair Every Year ’ – Davido ’ s Cousin, B- Red ( Video ) The price of the cryptocurrency has soared 75 per cent since the start of the year.