As Tesla ATH raises Elon Musk’s net worth to $250B, Bitcoin charges $64K

Bitcoin (Bitcoin) The price soared to $64,000 in a new round of bullish on October 25th as the market left the weak weekend behind.

BTC/USD 1-hour candlestick chart (Bitstamp). Source: TradingView

Bitcoin’s daily gain is close to 7%

Data from Cointelegraph Markets Pro with Transaction view It is confirmed that BTC/USD has risen steadily by 6.5% in the past 24 hours to 4pm UTC on Monday.

The currency pair eliminates previous losses, these losses are come down A record high since October 25.

According to this month’s practice, Bitcoin began trading on the US stock market. At the time of writing, $64,000 is the next level that needs to be recovered.

It seems that $60,000 has been retained as support, and analyst sentiment has remained optimistic.

For Cointelegraph writer Michaël van de Poppe, any level of BTC/USD higher than $57,000 is still acceptable.

“…I think we will have an integration period, or continue to maintain momentum through some slight lateral actions before we return to $91,000,” he concluded in his latest report. YouTube updates.

Tesla beats Facebook to top 5 U.S. stocks

Bitcoin was not the only winner of the day. The performance of Tesla ($TSLA) was also impressive as the stock hit a record high and now has a target price of $1,000.

related: The price of BTC “is about to rise to US$90,000”-5 things to watch for Bitcoin this week

Tesla CEO Elon Musk’s personal wealth also reached a staggering $250 billion. double confirm The bitcoins he holds.

$TSLA 1-day candlestick chart. Source: TradingView

At the same time, Tesla defeated Facebook and became the fifth largest stock in the United States.