Kingsley
Valued Contributor
The Crypto market was all fired up, from Sunday night to the early hours of Monday amid Elon Musk revealing Tesla will soon resume allowing Bitcoin transactions, howbeit with a condition tied to it.
The 48-year-old tech billionaire and leader of the world’s most valuable car marker spoke via Twitter saying:
“When there’s confirmation of reasonable (~50%) clean energy usage by miners with the positive future trend, Tesla will resume allowing Bitcoin transactions.”
Such macros boosted the market confidence of many leading altcoins which include Ethereum, Theta Fuel, Aave, and Chainlink, all posting significant gains with Bitcoin trading within the striking distance of $40,000.
At the time of writing, the market valuation of the global crypto market stood at $1.64 trillion, posting gains of nearly 10% for the day.
The total crypto market trading volume stood at about $93 billion, postulating gains of nearly 16% for the day. The total volume in DeFi is currently at $6.52 billion, or 7% of the total crypto market 24-hour volume.
Bitcoin’s price traded near the 40,000 mark with its dominance level currently around 45%.
This is a great news indeed what do you think?
The 48-year-old tech billionaire and leader of the world’s most valuable car marker spoke via Twitter saying:
“When there’s confirmation of reasonable (~50%) clean energy usage by miners with the positive future trend, Tesla will resume allowing Bitcoin transactions.”
Such macros boosted the market confidence of many leading altcoins which include Ethereum, Theta Fuel, Aave, and Chainlink, all posting significant gains with Bitcoin trading within the striking distance of $40,000.
At the time of writing, the market valuation of the global crypto market stood at $1.64 trillion, posting gains of nearly 10% for the day.
The total crypto market trading volume stood at about $93 billion, postulating gains of nearly 16% for the day. The total volume in DeFi is currently at $6.52 billion, or 7% of the total crypto market 24-hour volume.
Bitcoin’s price traded near the 40,000 mark with its dominance level currently around 45%.
This is a great news indeed what do you think?
