Bitcoin tumbled below 45k after Elon Musk’s Tweets

13Wonders
2021-05-17

Elon Musk tweeted suggesting that Tesla may have sold off all the Bitcoin the company is currently holding. 

Prices dropped to a Low of 43.8k at the time of this writing. Multiple tweets from Elon stating thatBitcoin is “centralised” as well as heavily reliant on coal power to operate further depreciates bitcoin’s value. 

$Riot Blockchain, Inc.(RIOT)$$Marathon Digital Holdings Inc(MARA)$$Tesla Motors(TSLA)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
11