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Bitcoin jumps as Elon Musk tweets Tesla will resume transactions once crypto is greener

Bitcoin jumped up and peaked at $39,794 in the 24 hours up to 7:30am on 14 June

Elon Musk, co-founder and chief executive officer of Tesla, drove a rally in bitcoin again with weekend tweets, this time giving a view on the timing of resuming transactions using the cryptocurrency
Elon Musk, co-founder and chief executive officer of Tesla, drove a rally in bitcoin again with weekend tweets, this time giving a view on the timing of resuming transactions using the cryptocurrency Photo: Bloomberg via Getty Images

The price of bitcoin jumped and flirted with $40,000 after Tesla’s chief executive Elon Musk tweeted that his company will accept payment in bitcoin again once the cryptocurrency uses more clean energy. 

“Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market,” Musk tweeted on 13 June.

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