Cryptocurrencies
Crypto Stocks Rally With Tesla Pushing Bitcoin Above $44,000
- Cryptocurrency surges to record on Tesla investment, payments
- MicroStrategy, Silvergate, PayPal and other stocks jump
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Cryptocurrency-exposed stocks soared on Monday along with Bitcoin, which extended a weekend rally after Tesla Inc. said it invested $1.5 billion in the currency and will start accepting it as a form of payment.
Bitcoin rose as much as 16% to an all-time high of $44,795.20 on the news.