Bitcoin Hits a Record High Above $43,000 As Tesla Invest In It

Bitoin has hit a record-high above $43,000 on Monday just as the electric carmaking company Tesla  owed by Elon Musk invested $1.5 billion in the digital currency.

Bitcoin hit $43,725.51 around 1300 GMT, before cooling slightly to $42,352. The cryptocurrency is up around 50 percent since the start of the year.