Open Demo Account
Home / Market Update / Cryptocurrency / Bitcoin Jumps to an Unprecedented Peak, Backed by News of Tesla’s Investment

Bitcoin Jumps to an Unprecedented Peak, Backed by News of Tesla’s Investment

Adel 8 February, 2021 6:00 pm Cryptocurrency, Market Update

Bitcoin jumped more than 14% to an unprecedented peak after Tesla announced that it had invested nearly $ 1.5 billion in cryptocurrency last month.

And that news raised Bitcoin to exceed 44 thousand dollars.

The electric car maker revealed the investment ten days after its CEO, Elon Musk, added the hashtag “#bitcoin” to his Twitter account, which raised Bitcoin on that day.

Tags

Check Also

European Stocks Steady as Markets Await US-China Trade Developments and Fed Meeting

European shares traded largely flat on Monday, with investors focused on upcoming U.S.-China trade talks, …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends