Bitcoin price stabilises after Elon Musk’s $1.9 billion investment – NEWS.com.au

The price of bitcoin has temporarily stabilised after Elon Musks $US1.5 billion ($A1.9 billion) saw the cryptocurrencys value rocket.A single bitcoin is currently worth more than A$62,500 as investors race to take advantage of an inevitable post-Musk surge.
In a statement earlier this week, Tesla revealed it would soon accept payments in bitcoin, and the world’s richest man admitted the firm had made a massive investment of its own in the surging online currency.
Crypto market watchers now believe…

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