Tesla stops accepting BitCoin, nearly entire cryptocurrency market hammered

The price of nearly every cryptocurrency has taken a nose-dive after Tesla suspended consumer purchases using BitCoin, citing environmental concerns.Credit: AppleInsiderBitcoin dropped as much as 15% on Wednesday following the Tesla announcement, hitting a low point just above $46,000 per coin. As of writing on Thursday, the price for a single Bitcoin has recovered to $50,836.20, down 7.4%. Read more...