Bitcoin Price Increased Again!

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The price of the bitcoin has risen once after Tesla founder Elon Musk’s tweets and its price has reached a two-week high.

According to the British news agency ‘Reuters’, the price of any tweet bitcoin in this regard has increased since the announcement of cryptocurrency by Tesla for the purchase and payment of bitcoin for $1.5 billion in February.

And it affects the reduction.

After announcing the use of bitcoins for car purchases, Elon Musk also said that electric vehicles would not accept bitcoins and his statement also affected its price.

In a tweet on the social networking site Twitter yesterday, Elon Musk said, “When the use of clean energy (~ 50%) by miners is confirmed, the Tesla company will accept bitcoin transactions.” Will restore.

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Bitcoin’s price rose 9% to  $39,883 after Elon Musk’s statement.

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Bobby Ong, the co-founder of crypto analytics website CoinJacko, said: Did not change the mood.

He said the market was also supported by the software company and the micro-strategy supporting bitcoin also raised half a billion dollars to buy bitcoin.

The value of the bitcoin has risen nearly 33 percent this year, and after reaching a record high of $60,000, China’s crackdown and Elon Musk’s changing statements have led to a sharp drop in its value.

On the other hand, Tesla’s stock has declined by 30% since the purchase of bitcoin.

Such fluctuations in bitcoin prices are not new, as seen in 2017.

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The value of the currency rose more than 900 percent in 2017 to close to  $20,000, but financial experts warned that the price could fall sharply.

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Then it happened and in February 2018 the price went below $7,000.

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