The Bull Market is Back: Bitcoin Explodes as Tesla Loads up on 10-Figures Worth of BTC

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Bitcoin’s price soared higher today on news of Tesla acquiring $1.5 billion worth of BTC to add to their balance sheets This news was revealed in a recent SEC filing and naturally caused the entire crypto market to make a massive move higher This news is already driving massive demand towards Bitcoin, with on-chain data revealing a massive premium on Coinbase This is typically a bullish sign because it signifies that an uptrend is being driven by sustainable spot-token buying rather than leveraged positions Tesla also announced plans to accept cryptocurrency as a payment option for their vehicles, which goes a long way towards driving mainstream adoption Bitcoin is currently roaring higher, with nears of Tesla adding $1.5 billion worth of Bitcoin to their balance sheet being one of the most bullish developments in the cryptocurrency’s history. So far, BTC is only trading up a bit over 10% on the…

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