Bitcoin jumps to its highest level since May

The encrypted digital currency “Bitcoin” recorded a significant increase in its price, which exceeded 44,000 US dollars, its highest level since last May.

The price of “Bitcoin”, the world’s largest cryptocurrency, has risen to $44,539 in the past 24 hours.

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Bitcoin is rising and approaching an important level
On July 21, CEO of Tesla, the electric car maker, Elon Musk, announced that the company will likely accept payments owed to it from its customers in Bitcoin.

In May, Musk announced that Tesla would stop accepting bitcoin for its car sales, which caused the price of this currency to drop dramatically.