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Bitcoin jumps 10% to record high on Tesla investment newsThe news sent Bitcoin soaring as high as $43,625 as of 1300 GMT
Reuters
Last Updated IST
Credit: AFP File Photo
Credit: AFP File Photo

Bitcoin jumped more than 10% on Monday to a record high after Tesla said it had invested $1.5 billion in the most popular cryptocurrency last month.

The news sent Bitcoin soaring as high as $43,625 as of 1300 GMT.

The electric carmaker unveiled the investment ten days after its chief executive Elon Musk added a "#bitcoin" tag on his Twitter profile page, which drove bitcoin higher on the day.

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(Published 08 February 2021, 18:59 IST)