Bitcoin Tops $40K as Musk Says Tesla May Accept Crypto in Future

Bitcoin surged past $40,000 for the first time in two weeks after Tesla CEO Elon Musk said the electric-car maker would accept the cryptocurrency as an alternative payment subject to miners meeting environmental standards. Buyers stepped in on Sunday after Musk tweeted that Tesla will allow bitcoin transactions again “when there’s confirmation of reasonable (50%) clean energy usage by miners with a positive future trend.”