Bitcoin dropped from US54819 to US45700 its lowest since March 1 in just two hours following the tweet. Elon Musk has shared and deleted a meme featuring a fake quote about cryptocurrency from billionaire investor Warren Buffett.
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He is the ultimate influencer of the cryptocurrency market due to a huge following of his cryptic tweets on Bitcoins Dogecoins or even CumRocket.
Elon cryptocurrency. 2 2019 Elon Musk mentioned Dogecoin DOGE for the first time tweeting Dogecoin might be my fav cryptocurrency. As the negative tweets from Elon continued the Bitcoin kept crashing. Elon Musk didnt stop there he continued to attack Bitcoin calling it centralised in another one of his tweets.
The cryptocurrency recovered slightly but still remained. The price of the coin went from 0002 on April 1 to as high as 0004 on April 4. The second richest man on earth and CEO of electric car makers Tesla Elon Musk has again reaffirmed his support for cryptocurrencies.
And the new addition to the list is his love for cryptocurrencies. It is said that Elon Musk is the driving force of cryptocurrency prices across the world. Elon Musk Stated He Supports Cryptocurrencies Like Bitcoin.
18 and is already making waves. Elon Musk is very vocal about cryptocurrencies in general and was fond of Bitcoin for a long time. He only said he supports crypto over fiat.
When Bitcoin falls significantly it causes panic selling among crypto investors as they sell their Altcoins. Bitcoins price fell Friday morning after Elon Musk posted a tweet suggesting hes fallen out of love with the worlds top cryptocurrency. Elon Musk CEO of Tesla and SpaceX business magnate and one of the richest men in the world recently announced that he has created a brand-new cryptocurrency.
Ratcoin went public on Feb. Elon Musk And Cryptocurrency To recall Elon Musk had compared Bitcoin to fiat money. ELON MUSK has been sending out mysterious tweets about a British-based cryptocurrency called Cumrocket which has seen the price soar by nearly 350 percent in one day.
But his sudden u-turn bit the Bitcoin price. ELON MUSKS decision to ban Tesla payments via bitcoin could slow down the momentum of the cryptocurrency and even lead to a permanent dent in its value according to an expert. However he did not outrightly show support for cryptos.
Musk has been tweeting on and off about cryptos including Bitcoin and his favorite Dogecoin. Musk is no stranger to the world of economics and cryptocurrency. Tesla CEO Elon Musk is obsessed with colonizing mars sending rockets to space and producing driverless cars.
Bitcoin is one of the most popular cryptocurrencies in the market. The SpaceX and Tesla CEO posted the meme to Twitter on Monday before. At this instance the market cap and trading volume of bitcoin are just unbeatable in contrast to any other cryptocurrency in the market.
Cryptocurrency rising in value is what you desire most Tesla and SpaceX CEO Elon Musk has said that your deepest and most desired thing in your heart is for cryptocurrency. Elon Musk went from cryptocurrency hero to villain with Bitcoin tweet One tweet from Elon Musk caused the world of cryptocurrency to go into meltdown. Elon Musk the CEO of Tesla and SpaceX has been a key proponent in the latest surge of interest in dogecoin according to analysts as he consistently tweets about the cryptocurrency.
The investors experience a sudden rise or drop in prices immediately after his viral tweets. Musks flirtatious tweeting about DOGE resumed in December 2020 and continues to this day each post. He has played a hand in.
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