Bitcoin Falls to $30201.96 after a Record High of $64,895 hit on April 14
After the announcement of china that Bitcoin will not be allowed in transactions the price of Bitcoin falls to $30201.96.
But the Price of bitcoin rebounded on wednesday, hitting $40400 after sinking as low as $30202 After the tweet of Elon Musk that company will not sell any of its holdings in the cryptocurrency.
According to a DailyMail.com analysis of the company's public statements, Tesla holds roughly 38,700 Bitcoins at an average purchase price of $34,700, meaning the company's investment was worth $1.56 billion at Wednesday's prices, a gain of more than $200 million.