Bulls were already confident prior to Monday’s news, with Bitcoin passing $40,000 over the weekend. Elon Musk’s company then set the market alight with its filing with U.S. regulators and Bitcoin subsequently hit new record levels of $48,200.
Elon Musk's Tesla buy pumped BTC to its biggest single-day gain ever on Monday—and the impact is still reverberating (Photo: CoinMarketCap)