Bitcoin blows past $45,000 to fresh highs above $47,000, driven by Tesla’s investment

Bitcoin blows past $45,000 to fresh highs above $47,000, driven by Tesla’s investment
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The price of bitcoin surged above $47,000 on Tuesday, building on gains following news that electric-car maker Tesla has invested $1.5 billion in the cryptocurrency and may accept it as future payment for products.

After reaching a record of near $44,000 on Monday, bitcoin prices
BTCUSD,
+3.30%

hit $45,000, $46.000 and $47,000 later that evening, according to CoinDesk. Prices were last trading at $47,651 on Tuesday.

Sparking the fresh surge for bitcoin was a Tesla
TSLA,
+1.31%

regulatory filing with the Securities and Exchange Commission on Monday. It revealed Tesla acquired $1.5 billion in bitcoins in January and plans to accept it “as a form of payment for our products in the near future, subject…



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