The market value of Bitcoin has reached yet a new ATH some three hours ago following news of Tesla's purchase of the coin worth over $1.5 billion. The company also announced that they will now be accepting BTC as a means of payment on their platform.
Sometime last month Tesla Boss, Elon Musk added 'Bitcoin' on his Twitter profile which gave rise to a Stir in the market. The company had also updated their investment policy as at last month and thereafter took the courageous step to invest billions of dollars on the world's first ranked cryptocurrency.
While BTC price keeps pumping, Top exchanges in the world like Binance , Kraken and the rest are experiencing technical issues due to the high rate of trading load. Binance disabled withdrawals earlier but are now back on.
*A 1-Day Bitcoin Price Chart on Coindesk
As at the time of writing this article, Bitcoin price according Coindesk is $43,388 recording an all-time high of $44,801.87. It's price has gone up 14.52% in the past 24hours.
Disclaimer: This is not a financial advice.