Yet another tweet by Elon Musk, talking about the possibility of accepting Bitcoins as a mode of payment for Tesla, increased Bitcoin’s value making it touch the US$40,000 mark.
After a couple of bearish weeks, the bull took over and showed promising results for crypto investors.
Compared to other altcoins, Binance Coin always recovered well, which was also the case during the recent market crash because of China’s ban on cryptocurrency.
Yes, there has been some dip in the value but Ethereum made it to this list of best performers as investors are awaiting the launch of Ethereum 2.0.