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Bitcoin Price Surges After Elon Musk Said Tesla will Resume Accepting it For Car Purchases
Bitcoin Price Surge Bitcoin price has surged over 12% in the last few days to hit above $38,000. Its highest price in the last 2 months. For the last few weeks, the cryptocurrency market has been on a bear trend. Coming a few days after the market had realized the highest price gain in history. During the drop, the price of bitcoin fell below $30,000 for the first time in a few months. However, the market seems to be reversing towards bullish terms. Bitcoin price gain has caused other cryptocurrencies to rise. This is because it is the market leader and any reaction causes a response across the market. Reasons…