Past few weeks seems to show a similar pattern. On Monday high percentage gains early, but losing steam later. So might be good idea to capitalise on this pattern. Good luck everyone!
Is Tesla’s $1.5 billion bitcoin buy smart corporate finance? Experts weigh in
Tesla Inc. on Monday said that it bought $1.5 billion in bitcoin, a purchase that comes after CEO Elon Musk has promoted the world’s No. 1 digital asset,along with other cryptos, in recent weeks.Bitcoin’s price already on a stratospheric rise, garnered an additional fillip from the announcement, with a single bitcoin changing hands on Monday at $42,709, up over 9%. Prices touched a record peak near $45,000.But one of the key questions swirling around the decision by the manufacturer of electric