Bitcoin, the most popular virtual currency once again exploded in value, hitting $50,303 after Elon Musk’s company announced its bitcoin investment.
The first cryptocurrency, bitcoin, continues its vertiginous rise, exceeding $50,000, according to the specialized site CoinMarketCap, after an investment announced by the company Tesla.
Stock market data shows that at 1:35 p.m. (+1 GMT), bitcoin’s value rose to $ 50,303. On the Binance crypto-exchange, it traded at $ 50,689.
The rise continues
The value of bitcoin has been on the rise since the second half of December. On December 16, the cryptocurrency surpassed its all-time high of $20,042 since 2017 and continues to grow. On January 8, bitcoin set another all-time high by reaching $41,950.
This development was further boosted after the Tesla company announced that it had placed a total of $1.5 billion in bitcoin as part of its investment policy.