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3/10, 10:51 AM (Source: TeleTrader)
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Bitcoin climbs back above $55,000

The price of Bitcoin rose above the $55,000 mark again on Wednesday in its sixth consecutive day of gains.

The cryptocurrency's steady climb in recent days is attributed to its growing appeal to institutional and other notable investors. On Tuesday, Twitter CEO Jack Dorsey said he plans to convert all profits from the sale of his first-ever tweet to Bitcoin and donate it to charity.

Bitcoin was up 2.17% to $55,222.14 at 4:45 am ET.

Breaking the News / JC