Bitcoin Hits Record High Above $43,000 Amid CBN Ban...

Bitoin has appreciated in value by trading at a record $43,000 on Monday. 

The latest rise happened after electric carmaker Tesla invested $1.5 billion in the digital currency. Bitcoin hit $43,725.51 around 1300 GMT, before cooling slightly to $42,352. 

The cryptocurrency is up around 50 percent since the start of the year. 

Recall that the Central Bank of Nigeria last week banned transactions in cryptocurrencies in Nigeria.