BITCOIN hit a fresh record above $47,000 on Tuesday after Tesla Inc.’s announcement of a $1.5 billion investment in the largest cryptocurrency.
The token rose as much as 6.3% to almost $47,493 in Asian trading before paring some of the gains. It was at about $46,455 as of 12:22 p.m. in Hong Kong. Tesla’s disclosure Monday sent the price soaring.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
