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Amid CBN Ban, Bitcoin Hits Record High Above $43,000

Posted by Thandiubani on Mon 08th Feb, 2021 - tori.ng

Bitcoin, a popular cryptocurrency has recorded its most recent gains by hitting $43,725.51 in value.

Bitcoin

Bitcoin has appreciated in value by trading at a record $43,000 on Monday.

The latest rise happened after electric carmaker Tesla invested $1.5 billion in the digital currency.

Bitcoin hit $43,725.51 around 1300 GMT, before cooling slightly to $42,352.

The cryptocurrency is up around 50 percent since the start of the year.

Recall that the Central Bank of Nigeria last week banned transactions in cryptocurrencies in Nigeria.

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