Bitcoin surpasses $48,200 after $1.5 bn investment by Tesla

Bitcoin reaches a new record, exceeeding $48,200. This comes after US electric car maker Tesla’s Elon Musk decided to invest $1.5 billion in the cryptocurrency. According to analysts, this could cause a rise in prices due to the shortage of supply of bitcoins. At the moment, bitcoin is up 3% at around $46,300.

Source: Emol