Major exchanges struggle as Bitcoin pumps on $1.5B Tesla investment

Cointelegraph

Published Feb 08, 2021 10:44AM ET

Updated Feb 08, 2021 12:20PM ET

Service outages have been reported at major cryptocurrency exchanges on Feb. 8, following the news that Tesla (NASDAQ:TSLA) invested $1.5 billion in Bitcoin (BTC).

As Cointelegraph reported earlier, news of Tesla's sizeable investment broke after the discovery of a filing with the U.S. Securities and Exchange Commission. This caused Bitcoin price to jump $3,000 in a matter of minutes, eventually claiming a newall-time high of $44,850.

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