Musk-fuelled bitcoin surge triggers cryptocurrency exchange glitches

Topics Elon Musk | Tesla | cryptocurrency

Major cryptocurrency exchanges experienced technical issues on Monday as trading volumes soared after billionaire Elon Musk's Tesla Inc revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of payment.

  The electric-vehicle company's move marked the latest step toward mainstream acceptance of bitcoin, sending it 10% higher on expectations that other companies will soon join asset manager BlackRock Inc and payments companies Square and PayPal in backing the cryptocurrency.   San.

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