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Bitcoin tops $40,000 after Musk says Tesla could use it again

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After yet another weekend of price swings following tweets from Tesla boss Elon Musk, Bitcoin climbed above $40,000 on yesterday.

Bitcoin has gyrated to Musk's views for months since Tesla announced a $1.5 billion bitcoin purchase in February and said it would take the cryptocurrency in payment. Musk later said the electric car maker would not accept bitcoin due to concerns over how mining the currency requires high energy use and contributes to climate change.

"When there's confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions," Musk said on Twitter on Sunday.

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