Elon Musk and Snoop Dogg Push Cryptocurrencies to Record Highs Bitcoin and even Dogecoin, which began as a playful experiment, are soaring in value as billionaires, companies and celebrities promote the digital currencies. Buying frenzy pushes bitcoin past $48,000Bitcoin has hit a new high above $48,000 after a buying frenzy inspired by Elon Musk continued overnight.Tesla, Musk’s electric car company, said yesterday that it had invested $1.5 billion in bitcoin Bitcoin hits record high after Tesla buys $1.5bnBitcoin has surged to a new record high after Tesla revealed that it had bought $1.5 billion of the cryptocurrency and pledged to start accepting it as payment for vehicles.The electric carmaker’s Elon Musk and Tesla bet big on bitcoin | The Week UKCryptocurrency’s value hits record high after car firm reveals $1.5bn investment Tesla to accept bitcoin as payment in ‘near future’ after $1.5 billion investmentElon Musk has publicly backed the cryptocurrency recently Tesla buys $1.5 billion in Bitcoin, will accept as payment soon - The Boston GlobeBitcoin spiked 14 percent and appeared to briefly hit a new all-time high. Shares of Tesla moved higher as well. Elon Musk's Tesla buys $1.5bn of Bitcoin causing currency to spikeThe cryptocurrency surges 14% as Tesla also said it could start accepting Bitcoin as payment. Tesla buys $1.5bn in bitcoin, pushing price to new highElon Musk has helped to drive popularity of cryptocurrencies, including bitcoin and dogecoin