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Not Just Elon Musk: 4 Key Factors Driving Bitcoin To The $40,000 Level


Tesla Inc (NASDAQ:TSLA) CEO Elon Musk’s tweets and these four key factors.
Muskian Boost: The apex coin received a boost from Musk on Sunday night after he said that Tesla could resume BTC transactions provided there is a reasonable confirmation of clean energy use by miners.
At press time, over 24 hours, BTC traded 11.82% higher at $39,284.41. The cryptocurrency gained 8.71% over a seven-day trailing period. 
See Also:
Taproot Lock-In: The Taproot soft-fork for the apex cryptocurrency has locked in with a threshold for 90% of all blocks signaling support for the upgrade crossed Sunday morning, as per Taproot.Watch. The soft fork is expected to improve both the privacy and fungibility of Bitcoin and is thought to be a significant upgrade. ....

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