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Bitcoin soared after Elon Musk confirms Tesla will accept digital assets if miners use renewable resources

Bitcoin soared after Elon Musk confirms Tesla will accept digital assets if miners use renewable resources

SpaceX and Tesla CEO Elon Musk tweeted that the car manufacturer will allow transactions in BTC if miners who verify transfers use more green power. Approximately fifty percent.

So, BTC boosted up to $37,360.63 (5.1%) at 18:10 GMT this Sunday. This significant price change was a result of Musk’s post on Twitter.

In addition, he mentioned that the company got rid of about ten percent of holdings in Bitcoin to test the segment, proving that the oldest and the biggest digital asset by market cap could be wiped off the market easily without changing the whole industry.

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