Bitcoin rises above $50,000  first time ever Bitcoin rose above $50,000 for the first time on Tuesday as Wall Street pushed further into record territory on mounting confidence of Covid-19 recovery.     Bitcoin surged to $50,547.70 in midday European trading as an increasing number of corporate heavyweights back the world’s most popular virtual currency. The price of the cryptocurrency has soared 75 per cent since the start of the year.   Meanwhile, oil held close to 13-month highs on hopes of keen demand amid a severe cold snap in Texas. European equities eased after soaring the previous day. Sterling…