The cryptocurrency markets, and Bitcoin in particular, have reached a long-awaited milestone today.
After the BTC has been fighting for almost a month since the beginning of the year to reach and maintain $ 40K, the path to $ 50K has been much easier.
There were several reasons, but the strongest impulse was Tesla’s announcement of the investment in BTC and also of plans to accept Bitcoin as a method of payment for its products.
It is this Tesla stimulus and other announcements from large financial companies being interested in BTC that have pushed it to $ 51,604 today, and the growth does not seem to end.
Along with Bitcoin, the total market capitalization of cryptocurrencies immediately increased, surpassing $ 1.5T for the first time.
Total market capitalization reached $ 1,544,141,634,687 today.
Read also: Tesla has among its members persons with a direct connection to the crypto companies
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