Bitcoin to New Record Thanks to Large Investment Tesla. The price of bitcoin rose to a new record level of more than $ 44,000 on Monday.
This happened after the news that Tesla has invested $ 1.5 billion in the digital currency and plans to accept bitcoins as payment for products.
The price of bitcoin jumped in London by as much as 15 percent. Tesla announced an update on its investment policy. Other digital currencies were also on the rise.
The American electric car manufacturer says it will start accepting bitcoin as a payment method for cars and other products shortly.
Earlier this year, bitcoin reached more than $ 41,000, but then dropped significantly again. Tesla CEO Elon Musk leapt the digital currency just over a week ago by writing “#bitcoin” on his Twitter profile. Musk also tweeted last week for a substantial rise in the digital currency Dogecoin.
Bitcoin launched in early 2009 and was only worth a few cents back then. At the end of 2017, the world’s most famous cryptocurrency peaked at nearly $ 20,000. But then the “crypto bubble” exploded, and the coins rapidly lost value.