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Monday, February 8, 2021

Bitcoin price rises at 50,000 US $ on Alan Musk's Telsa Investment Report. Still Time to Invest in Bitcoin Investment ?

 

This is Massive and historic week in 2021,Bitcoin jumped nearly 15 % to an all-time high on Monday.The  bitcoin price has now soared over 300% since October, Earlier electric car maker Tesla said it had invested 1.5 billion in Bitcoin last month. Bitcoin now trading 15 % per cent higher at 50,000US $.

Tesla also said on Monday  to accept payments for its cars and other products in Bitcoin soon.Tesla said in a filing the decision was part of its broad investment policy as a company and was aimed at diversifying and maximizing its returns on cash


Governments around the world are offering massive relief and  bank printing massive banknotes flooding in the  market so concern and those who believe in Bitcoin say only Bitcoin is future of money and  can save the value of wealth from the effects of inflation.

15,174 businesses worldwide accept bitcoin. According to coinmap.org, there are currently just over 15,000 businesses that accept bitcoin or that offer bitcoin ATMs around the world. 

According to Fundera, found that 2,352 US businesses accept bitcoin. This number doesn’t include bitcoin ATMs, which are also available in large numbers through the US and the number is continuing growing day by day. After Tesla who will be the next ? Will Bitcoing go higher 300+K by 2025 ? 


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