Cryptocurrencies have recorded gains since the beginning of the week, taking advantage of the rises of the most expensive digital currency in the world (Bitcoin), which is trading above 40 thousand dollars for the first time in three weeks, after sharp declines that affected cryptocurrencies in the past few days. This support for cryptocurrencies and Bitcoin in particular came from the statements of businessman and CEO of Tesla Motors Corporation, Elon Musk, in a tweet to him on Twitter at the beginning of the week, in which he announced that his company would accept transactions in Bitcoin again if the mining process became about 50% renewable or clean energy. . We recall that Musk had announced earlier last February that his company had invested $1.5 billion in Bitcoin and that his company would accept Bitcoin as a form of payment for cars before returning in May and announcing that they would not accept it again, citing long-term environmental concerns. That he sold about 10% of the bitcoin that he owned to become a direct cause of the decline of the cryptocurrency from its highest levels in May to the highest levels of 60 thousand dollars. The Cambridge University index, which he cites in annual energy consumption, indicates that bitcoin mining takes in about 99 TWh, higher than the energy use of countries like the Philippines or Pakistan. Bitcoin is trading this morning, Tuesday, June 15, at levels of 40,333 thousand dollars, an increase of about 2.6% and an increase of more than 22% in the last seven days, amid an increase in the market value to reach 755,655.987.864 billion dollars. On the other hand, the market value of Ethereum, the second most expensive cryptocurrency in the world, exceeded the levels of 300 billion dollars, rising by about 5% today, Tuesday, and trading at levels of 2,619 thousand. The Dogecoin is trading at levels of 0.3283 dollars, an increase of about 1.30%, while the cardano is rising by about 3.95%, and it is trading at 1.59 dollars.
07/11/2024
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