Bitcoin hits new all-time high, thanks to Elon Musk

In the past 24 hours, Bitcoin (BTC) was trading between $42,521.62 and $48,142.19, which is the new all-time high following Tesla’s announcement yesterday of its $1.5 billion investment in the world’s leading cryptocurrency. As of 3:00 PM (UTC) today, BTC is at $46,577.83 (+6.95%).Other major cryptocurrencies are in the green today, with the exception of Dogecoin (DOGE), buoyed by Bitcoin’s sudden rise. BNB (BNB) is leading the charge with a 30.74% rise and a new ATH today at $101.