Bitcoin jumps after Elon Musk says Tesla will accept it as payment

The world's largest cryptocurrency Bitcoin on Wednesday briefly regained the $57,000-mark after Elon Musk said Tesla cars can now be bought using Bitcoin. The cryptocurrency rose as much as 4.7% and was up about 90% year-to-date. "You can now buy a Tesla with Bitcoin...Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency," Musk had tweeted.