Those who got up on Monday and put money into Bitcoin could have valued their investment by nearly 16 percent in a matter of hours. While bitcoin cost $38,000 around 5 a.m. Central European time, by early evening its price had swed over $44,000.
Already in recent days, bitcoin’s value has been gradually rising. Over the weekend, institutional investors began to enter it, pushing its price to $38,000. But shortly after 5 p.m. Central European time on Monday, there was a massive buying impulse that caused Bitcoin to soar by more than $5,000.
It has come to the market that the American carmaker Tesla has bought Bitcoin for $1.5 billion in the past. The information was released by the U.S. Securities and Exchange Commission. Immediately thereafter, a new historical price record fell when Bitcoin briefly traded at $44,801.
Bitcoin has appreciated by 50 percent since the beginning of this year, while the main stock index of the New York Stock Exchange, the S&P 500, has gained just under four percent. Tesla has also made it clear that “in the near future” it will accept Bitcoin as a means of payment when buying electric cars.
