By Bitcoin has hit record highs for a second day when Elon Musk’s auto company Tesla same it had bought regarding $1.5bn (£1.1bn) of the cryptocurrency.
Bitcoin rose higher than $48,000 (£34,820) before falling back, however it remains regarding twenty fifth more than per week past.
Some investors took Tesla’s move as a symbol that Bitcoin would become a thought money plus.
However, there was some criticism a few inexperienced automotive firm investment in such associate energy intensive currency.
