Cryptocurrencies: 30376
Markets: 108328
Market Cap: $2,437,110,235,504     
24h Vol: $68,145,631,206
Cryptela — Cryptocurrency News and Market Intelligence
Bitcoinist

Tesla-Driven Bitcoin Buying Frenzy Takes Down Crypto Exchange Binance

Log in to save this article
This morning, it was revealed that Tesla has purchased a sum of Bitcoin worth $1.5 billion. Immediately after the news began to circulate, the leading cryptocurrency by market cap exploded from under $40,000 to $45,000 at the high. As the new record was set, the resulting FOMO drove “massive incoming traffic” to crypto platform Binance, causing the typically reliable exchange to crash. What does this mean about what’s to come for Bitcoin? Bitcoin Blasts Off […]
Share this article

What do you think about this article?

Share your reaction with the Cryptela community.

Get more Cryptela on Google

Add Cryptela as a preferred source for cryptocurrency news and analysis in eligible Google Search experiences.

Add preferred source