April 25, 2024

Tesla pushes cryptocurrencies to new highs

Major cryptocurrencies hit all-time highs on Tuesday after Teslainformed the US Securities and Exchange Commission about the purchase of bitcoins in the amount of $ 1.5 billion.

In addition, the company said it will start accepting cryptocurrency as a means of payment in the near future.

As a result, the bitcoin rate for the first time in its history exceeded the level of $ 47,000 - this is the third time since the beginning of this year that the cryptocurrency rate has updated its own record.

Another positive news for the market wasa message that the Chinese authorities will distribute a total of $ 1.5 million to residents of Beijing to test the national digital currency. Experiment participants will receive $ 30 vouchers to spend in stores.

As a result, the bitcoin rate per day, according to Forex Club, jumped immediately by 22% - up to $ 47,418 with a capitalization of $ 876.2 billion.

Ethereum rose in price by 6.8% to $1,744 atcapitalization 199.1 billion dollars. XRP rose in price by 9.7% to $0.4699, its capitalization amounted to $21.2 billion. Litecoin strengthened by 13% to $170.7 with a capitalization of $11.3 billion.

The total cryptocurrency market capitalization has reached $ 1.4 trillion.

The market is likely to continuewin back the news positive, but investor optimism will gradually fade away. Nevertheless, until the fuse has dried up, Bitcoin may soon grow to $ 50,000, Ethereum has a chance to rise to $ 1,900, XRP to $ 0.5, and Litecoin to $ 180.