The price of the cryptocurrency renewed its highest level ever.
According to the Coindesk portal, Bitcoin’s price briefly crossed $ 48,000 on Monday before dropping again.
The day before, Bitcoin crossed $ 47,000 after Tesla released an investment of $ 1.5 billion in this cryptocurrency.
The electric car maker said on Monday that it decided to turn to bitcoin after updating its investment policy last month to allow the company to invest in digital assets, in addition to gold bars and gold exchange-traded funds.