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Mon, 8 February 2021 | Written By: Neil Wilson
Neil is chief market analyst for Markets.com and also writes for the Investors Chronicle as ‘The Trader’, with the daily market outlook published online each morning.
Bitcoin surges on Tesla filing
Bitcoin shot to a record high, clearing $43,000 after
Tesla reported in an SEC filing that it has bought $1.5bn worth of the cryptocurrency and said it would begin accepting Bitcoin as a form of payment in the future. This is the kind of backing that can take Bitcoin through $50k.
Once again it highlights the power that Elon Musk has in shaping price action and moving markets. He’s now putting his money (shareholders’) where his mouth is. But given his recent comments – and adding #Bitcoin to his Twitter bio on January 29
MARKETS.COM A GLOBAL BRAND
The domain global.markets.com is solely and exclusively operated by Finalto (BVI) Ltd which is an authorized and regulated by the B.V.I Financial Services Commission (“FSC”) under the Securities and Investment Business Act, 2010, licence number SIBA/L/14/1067. Finalto (BVI) Ltd is located at Ritter House, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands.
CFD and Investment Strategy Builder accounts are provided by Finalto (BVI) Ltd. Share Dealing accounts are offered in selected jurisdictions by Safecap Investments Limited (a company registered in Cyprus and regulated by CySEC under license number 092/08).
Risk Warning: Trading Foreign Exchange (Forex) and Contracts For Difference (CFD) is highly speculative, carries a high level of risk and is not appropriate for every investor. Any advice provided on this website is general advice only, and has been prepared without taking your individual objectives, financial situation or needs