itcoin has risen in price to $42,000, this is the maximum since mid-May

According to the CoinMarketCap cryptocurrency exchange, bitcoin rose in price and exceeded the $ 42,000 mark. The cryptocurrency asset reached this mark on Saturday, July 31st. The growth of bitcoin quotes is associated, in particular, with the statements of the head of Tesla and the head of Twitter.

According to CoinMarketCap statistics, the value of bitcoin has been the highest since mid-May, in the last 10 days it has been showing predominantly growth, and this trend is likely to continue. A slight decline was recorded on July 26-27, but this did not have a significant impact on the overall trend. The Bloomberg agency clarified that the cost of bitcoin reached $ 42 390, this is the maximum figure since May 20 of this year.

Analysts associate investor optimism regarding this cryptocurrency, in particular, with the recent statements of Elon Musk and Jack Dorsey. So, Mr. Musk admitted that he personally has bitcoins, and Ethereum, and Dogecoin. Moreover, Tesla and SpaceX owned by him have some bitcoin assets. Moreover, Musk himself does not plan to get rid of bitcoins in the foreseeable future, he sincerely believes in cryptocurrency and believes that the future belongs to it. And as its mining is increasingly done using renewable energy sources, Tesla’s electric cars will soon be able to be bought again for bitcoins.

Twitter CEO Jack Dorsey recently expressed a positive attitude towards Bitcoin. In his opinion, cryptocurrencies can bring peace to the whole world, and bitcoin in particular, Mr. Dorsey generally connected with the future of the Twitter service: in the future, it can become part of the microblogging service in the segment of commerce, subscriptions and other new functions.

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Alexandr Ivanov earned his Licentiate Engineer in Systems and Computer Engineering from the Free International University of Moldova. Since 2013, Alexandr has been working as a freelance web programmer.
Function: Web Developer and Editor
Alexandr Ivanov

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