Elon Musk did it again! Bitcoin price climbed above $39,000 after Tesla chief executive had indicated that electric carmaker will resume transaction with cryptocurrency. In a reply to an article which criticises the celebrity CEO for ‘manipulating Bitcoin price’, Musk mentioned Tesla will resume transactions with the cryptocurrency when mining is done with more clean energy.
“When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” the celebrity CEO tweeted after Sygnia chief executive had criticised Musk for ‘manipulating bitcoin price,” Elon Musk said in a tweet.
Tesla chief also said that Tesla sold about 10% of holdings to confirm bitcoin could be liquidated easily without moving market.
Following Tesla’s future plan, Bitcoin rose nearly 10% on a day to $39,021.54 at 0800 hours IST on Monday on coinmarketcap.com Index. It was the largest one-day percentage gain since June 9.
