Tesla’s enthusiasm for bitcoin surpassed $ 48,000



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Aware: 2021-02-09 09:18

Photo by Judita Grigelyts (V)

The largest cryptocurrency in terms of capitalization crossed the $ 48,000 mark for the first time on Tuesday night, and the market was hoping that Tesla’s example would encourage other American corporations to dive into bitcoin.

Bitcoin costs $ 48,044 on Tuesday morning and is increasing almost 24% per day.

By night, bitcoin was at a record high of over $ 44,000, after Tesla bought bitcoin for $ 1.5 billion. USD and will accept cryptocurrencies for settlements.

Tesla has provided an additional boost to the crypto market, where there have been reports in the past that more and more institutional investors are supporting Bitcoin and merging the crypto market.

Since the beginning of the year, the price of bitcoin has risen more than 65%. The price of bitcoin has quadrupled in the past year.

[infogram id=”de49bb0d-7ed4-439c-91fa-546ee96b05d6″ prefix=”mnd” format=”interactive” title=”BTC 48k”]

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