Bitcoin value thunder $44,000 as market reacts to Tesla purchase.

The price of Bitcoin hit a brand new incomparable high on Monday as investors reacted to news that Tesla had purchased $1.5 million of the cryptocurrency, which the automotive maker planned to simply accept it as payment. Shortly when the news stone-broke, Bitcoin crossed the $44,000 mark for the primary time. The milestone comes on the heels of a rare last Bitcoin, that has doubled in value since Dec, and has recovered from a tumble in late January that saw it in brief fall to around $30,000. And also … Read moreBitcoin value thunder $44,000 as market reacts to Tesla purchase.