Tuesday, 9 February 2021

Bitcoin | Stablecoin flows hint at $50K Bitcoin after Tesla pump liquida...

Around $500 million worth of positions were liquidated within hours as the Tesla news caused Bitcoin to spike over $46,000. Bitcoin (BTC) has extended its rally over $46,000 on Feb. 9, a day after a U.S. Securities and Exchange Commission (SEC) filing revealed that Tesla bought $1.5 billion worth of BTC. The price of Bitcoin immediately soared from around $39,000 to $45,000 across major exchanges on Feb. 8 after the news began to spread. https://youtu.be/UoHPfQIxLMc

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🌎 Daily CryptoBeat for 11/14/2024

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