News Snapshot:
The price of bitcoin shot past $50,000 late Sunday evening for the first time in more than three months as the broader crypto market continues to mount a strong rally after months of weakness . The price of bitcoin first passed the $50,000 mark at around 11 p.m. ET Sunday evening, according to data from Coinbase. The digital coin exchanged hands at just under $50,200 per coin as of 6:40 a.m. ET Monday, up almost 2 percent from 24 hours earlier. Bitcoin’s now up almost 7 percent from a week ago and more than 55 percent compared with a month...
