Oct 16, 10:50 AM

Tesla Transfers 11,500 Bitcoin Worth $765M, Bitcoin Price Hits $67K, Market Dominance at 58.8%

Tesla has transferred its entire Bitcoin holdings, valued at approximately $765 million, to multiple unmarked wallets, according to reports. This move involves over 11,500 Bitcoin and marks a significant shift in the company's cryptocurrency strategy. Meanwhile, Bitcoin's market dominance has surged to 58.8%, the highest level since April 2021. The price of Bitcoin has also reached $67,000, reflecting a growing interest in the cryptocurrency market. In related news, Metaplanet shares increased by 16% following its acquisition of 107 Bitcoin. The stablecoin market has hit a record high of nearly $170 billion, indicating a maturation of the crypto market, as noted by Coinbase.

#Tesla #Bitcoin #Metaplanet #Coinbase

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