Bitcoin Price Hits Record After Tesla Buys The carmaker’s chief executive, Elon Musk, is known for promoting cryptocurrencies on his widely followed Twitter feed. Price of dogecoin rises by 50% following Elon Musk tweetThanks to boosts from the world’s richest man, the cryptocurrency has skyrocketed in value, along with bitcoin 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 buys $1.5bn in bitcoin, pushing price to new highElon Musk has helped to drive popularity of cryptocurrencies, including bitcoin and dogecoin Tesla will accept Bitcoin payments as EV maker invests $1.5B in cryptocurrencyCEO Elon Musk is all aboard the Reddit Dogecoin wagon, but his company has no plans to accept that currency as yet. Elon Musk's Tesla buys $1.5bn of Bitcoin causing currency to spikeThe crypto-currency surges 14% as Tesla also said it could start accepting Bitcoin as payment.