Tesla, an American electric vehicle and clean energy company, now accepts Bitcoin for buying a car in America. The option for other countries, will be offered later this year.
Bitcoin price has surged to a new all-time high, rising above $20,000 for the first time.
Some foresee the dominant cryptocurrency undergoing a consolidation phase or another minor correction in the near term, particularly as the U.S. dollar is showing signs of a possible recovery.