BTC started the week on an upbeat tone as investors reacted to a tweet reply by Elon Musk. In it, he said that Tesla will reconsider accepting Bitcoin when it is proven that 50% of miners have transitioned to clean energy. The price then received more support from Paul Jones, the founder of the Robin Hood Foundation. Jones is one of the most respected hedge fund managers who made a fortune during the 2008/9 global financial crisis. In an interview with CNBC, he said that he was buying the cryptocurrency because of the Fed policies.
The BTC/USD is rising as traders remain optimistic that the Federal Reserve will remain accommodative in the meeting that will start today.
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