Bitcoin pops nearly 13% after Musk suggests Tesla could accept the cryptocurrency again

  • Bitcoin surged 12.79% to $39,533.81 as of 1:52 a.m. ET Monday, according to data from Coindesk.
  • Those gains came after Elon Musk said Sunday that Tesla will resume bitcoin transactions once the electric vehicle maker confirms there is “reasonable” clean energy usage by miners

Bitcoin’s price surged Sunday evening stateside after Tesla CEO Elon Musk said the electric vehicle maker could accept bitcoin transactions again in the future.

As of 1:52 a.m. ET Monday, Bitcoin surged 12.79% to $39,533.81, according to data from Coindesk. Since the start of the year, bitcoin has surged more than 30%, though its current price is way off the all-time high of $64,829.14 hit in April.