Previously, it was revealed that Tesla was investing $1.5 billion into Bitcoin, and expected to start accepting the cryptocurrency as payment. Tesla issued a statement on the matter, saying “We expect to begin accepting Bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis.” Now, news surfaced noting that Bitcoin’s value has risen past its all-time high to a value of $60,000.
Binance tweeted a chart of where the value was a year ago from March 13, where the coin was valued at a low of $3.8k. The low reportedly hit after Bitcoin was at a previous all-time high of $19,600. Take a look at the chart above.