Price analysis 2/8: BTC, ETH, ADA, XRP, DOT, BNB, LTC, DOGE, LINK, BCH

Cointelegraph

Published Feb 08, 2021 01:39PM ET

Updated Feb 08, 2021 03:20PM ET

Bitcoin (BTC) broke out to a new all-time high today, buoyed by the news that Tesla (NASDAQ:TSLA) has purchased $1.5 billion worth of Bitcoin, according to a filing with the Securities and Exchange Commission.

In addition to the Bitcoin purchase, Tesla also plans to offer its customers the option of buying products with BTC. Instead of converting BTC payments to fiat upon receipt, Tesla may decide to add it to its reserves.

Daily cryptocurrency market performance. Source: Coin360
BTC/USDT daily chart. Source: TradingView
ETH/USDT daily chart. Source: TradingView
ADA/USDT daily chart. Source: TradingView
XRP/USDT daily chart. Source: TradingView
DOT/USDT daily chart. Source: TradingView
BNB/USDT daily chart. Source: TradingView
LTC/USDT daily chart. Source: TradingView
DOGE/USDT daily chart. Source: TradingView
LINK/USDT daily chart. Source: TradingView
BCH/USD daily chart. Source: TradingView

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