Bitcoin hit a record high near $45,000 Monday after Elon Musk’s electric carmaker Tesla invested $1.5 billion in the digital currency.
Meanwhile, the benchmark oil contract Brent North Sea rose above $60 per barrel to hit the highest level since the coronavirus pandemic began to spread globally almost a year ago.
Shortly after news broke of Tesla’s investment bitcoin hit $44,795.20 before pulling back slightly.
The cryptocurrency is up by around 50 percent since the start of the year.
“This is probably one of the biggest…
Source: Guardian Newspaper