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Bitcoin Tops $38,000 On Fresh Tesla Support

  Bitcoin rebounded sharply Monday, hitting a one-month peak above $38,000, as US electric carmaker Tesla expressed fresh support for the world’s most popular cryptocurrency. … Continue reading Bitcoin Tops $38,000 On Fresh Tesla Support


Bitcoin Hits Fresh Record Above $71,000
A picture taken on February 6, 2018 shows a visual representation of the digital crypto-currency Bitcoin, at the “Bitcoin Change” shop in the Israeli city of Tel Aviv. (Photo by JACK GUEZ / AFP)
In this file photo taken on February 06, 2018, A picture taken on February 6, 2018, shows a visual representation of the digital cryptocurrency Bitcoin, at the “Bitcoin Change” shop in the Israeli city of Tel Aviv. – (Photo by JACK GUEZ / AFP)

 

Bitcoin rebounded sharply Monday, hitting a one-month peak above $38,000, as US electric carmaker Tesla expressed fresh support for the world’s most popular cryptocurrency.

Bitcoin surged 10.6 percent to reach $38,145 at about 0850GMT, as investors cheered the supportive comments from Tesla tycoon Elon Musk.

More to follow . . .