Bitcoin, the largest cryptocurrency, has managed to reclaim the psychologically important $40,000 level at 6:49 p.m. UTC on the Bitstamp exchange.
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It is currently changing hands at its highest level since June 15.
Bulls recently turned the tables on bears amid rumors that Amazon is going to accept Bitcoin payments.
Wed, 07/21/2021 - 18:43
Elon Musk Says Tesla Will "Most Likely" Resume Accepting Bitcoin
Despite a bombshell Bloomberg report about Tether being under a criminal investigation, the top cryptocurrency continued rallying ahead of Tesla’s earnings.
The e-car manufacturer will report its second-quarter financial results after the market close.
During “The B Word” conference, CEO Elon Musk confirmed that the company didn’t intend to sell its Bitcoin holdings.
Dan Burgin
Vladislav Sopov