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Tesla Joins the Cryptocurrency Game: What does this Mean for the Market?

Written by @tonyfirsov | Published on 2021/2/12

TL;DR
On February 8, the cryptocurrency market was rocked by the news of a $1.5 billion investment in BTC from Tesla. Bitcoin responded with an immediate rise to $48,000 and an increase in capitalization to almost $900 billion.

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Written by
@tonyfirsov
Financial and crypto journalist.

Topics and
tags
bitcoin|cryptocurrency|crypto|tesla|bitcoin-bull-market|investing|cryptocurrency-as-a-hedge|hackernoon-top-story
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: PDyDuu-ZDY0FFnKUM-CqijOIM1yib9NFYfi2PxpncHE