The price of Bitcoin (BTC) exceeded all previously recorded levels and rose above the level of 43 thousand dollars, to reach a new record at 43,233 dollars, according to the “Bitcoin” website.Flying bird“.

While the price of Bitcoin rose to a new record on Binance, reaching $44,918.

Bitcoin then fell to the level of 43,700 dollars at the time of publishing this article.

The rise in the price of Bitcoin came after many news and tweets emerged about Tesla’s submission of the Model 10-K to the US Securities and Exchange Commission (SEC), and the company revealed that it had purchased $1.5 billion worth of Bitcoin in January.

Read:The trading volume reaches its lowest monthly levels with the fluctuation in the price of Bitcoin at the level of 20 thousand dollars

As the news came out, the price of Bitcoin jumped to a new record.

According to the file submitted by Tesla to the US Securities and Exchange Commission, the following:

In January 2021, we updated our investment policy to provide us with more flexibility, diversification and higher returns on our money.

As part of the policy, which has been duly approved by the Audit Committee of our Board of Directors, we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, exchange-traded funds and other assets as specified In the future.

Thereafter, we have invested a total of $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or for the long term.

Furthermore, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.

Binance Sudden Stop:

As is the case after all violent tremors in the crypto market, many central trading platforms stop, led by the Binance platform, as the platform stopped working, whether from computers or mobile phones.

Read:A new petition to the Securities and Exchange Commission (SEC) demands that Ripple’s lawsuit be dropped

The management of the Binance platform tweeted about the problem and that it is in the process of solving it, indicating the difficulty of accessing the platform, and that it is in the process of solving the problem.

Read:Study: 91% of American consumers have heard of cryptocurrency

We are aware of some temporary access difficulties

Rest assured that our team is working on it.

We thank you for your patience and apologize for any inconvenience this may have caused you.

– Binance (binance) February 8, 2021

Users reacted negatively to the platform, accusing it of manipulation and unfair play.

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