The trigger for the latest price gains was an Internet post by the credit card company Mastercard. In a blog, Raj Dhamodharan, responsible for digital assets at Mastercard, said that the company wanted to allow transactions with selected cryptocurrencies. In addition, they are in close contact with central banks that are working on their own digital currencies. Bitcoin benefited from the news.
Mastercard’s declaration of intent follows a similar statement by the electric car maker Tesla. This week, Tesla announced that it had invested billions in Bitcoin and that it would enable its customers to pay in Bitcoin in the future. Such news raises the hope that more companies will follow and the adoption of Bitcoin will increase.