Majority of people around the world keep an eye on the leading cryptocurrency Bitcoin [BTC], and Tesla, a future-centric automobile company by eccentric billionaire Elon Musk, as of a standout year for both assets.
Tradable equity in Tesla, under the ticker TSLA, has captured more of the American public’s attention than the other investable asset, consistent with July figures from financial charting platform TradingView, posted on 13th Aug. Bitcoin held the spotlight as the second hottest asset charted on the platform.
TradingView also acknowledged that Bitcoin interest is on the increase specifically in Washington, California and Oregon. “The West Coast loves crypto the foremost,” the article added. “Boeing was the 3rd most viewed stock and American Airlines the 10th,” the article added, detailing the airline sector — an industry that saw the brunt of coronavirus restriction consequences.
Bitcoin [BTC] and Tesla earned their spots within the limelight as both have rallied tremendously in price within this year. Bitcoin hit as low as near $3,800 USD earlier in the month of March as coronavirus fears were ramping up. The asset recovered fast, however, flying up past $12k within the following months, tallying a radical comeback.
Looking back on an identical story, TSLA’s price fell down near $350 USD in March before flying up past $1,750 USD by July, as if riding one among its CEO’s SpaceX rockets.
Tesla CEO and SpaceX founder Elon Musk is no any stranger to the cryptocurrency ecosystem, although he reportedly only owns 0.25 BTC as of May.