Musk Year ‘Tanzania Good News’… Bitcoin Soars 13%, Near $40,000

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Current major cryptocurrency market conditions at this time – Take a look at CoinMarketCap

Following Musk’s good news and Tanzania’s good news, Bitcoin increased its rise and soared 13% and is about to break through $40,000 again.

As of 3 pm on the 14th (Korean time), on CoinMarketCap, a global coin market relay site, Bitcoin recorded $39,429, up 12.77% from 24 hours ago, and is about to break through $40,000 again.

The reason why Bitcoin is soaring today is that Tesla CEO Elon Musk said that by reducing electricity in Bitcoin mining, Bitcoin can be introduced to Tesla car payments, and Tanzania introduced Bitcoin as a fiat currency after El Salvador. It is interpreted that it was because of the key.

CoinDesk, a media specialized in cryptocurrency (virtual currency), said on the same day that Tanzanian President Samia Suluhu Hassan has instructed the Finance Minister to consider introducing Bitcoin as a legal currency.

“The era of cryptocurrency is coming,” he said, adding that “Tanzania should be prepared for this.”

Earlier, Musk said on Twitter the day before that he would allow Tesla cars to accept bitcoin payments again if he saves energy while mining bitcoin.

Musk Twitter Capture

As these positive factors overlap, Bitcoin and all major cryptocurrencies are skyrocketing. Ethereum, the second-largest by market cap, surged 7.80% to $2,496. Cardano (Ada) soared 7.22% and Dogecoin soared 5.48%, respectively.

At the same time, on Upbit, a Korean trading site, Bitcoin is also trading at 45,379,000 won, up 1.42%.