Elon Musk Tweets affect: Bitcoin value drops below $ 45,000 with a single tweet by Tesla chief Elon Musk. But in the same place the doggie promoting Musk is looming.
Dogecoin: The value of Bitcoin has dropped below $ 45,000 with a single tweet by Tesla chief Elon Musk. On Thursday morning, Musk tweeted that the company would not allow bitcoins to buy vehicles. As a result, the value of bitcoin fell by 17%. The bitcoin was $ 54,819 before the Musk tweet, while it fell to $ 45,700 after the tweet. This is the first time since March 1 that the bitcoin has fallen this far.
Within hours of Musk tweeting
With the bitcoin value dropping to $ 45,000 within hours of Musk tweeting, some analysts predict that the impact will be entirely on cryptocurrency as a whole. Elon Musk tweeted that he was concerned about the use of fossil fuels, especially coal, which emits high emissions, for bitcoin transactions. He said cryptocurrency was a good idea in many respects, but it was not right to become a threat to the environment. This Elon Musk tweet fell heavily on Bitcoin.
That’s why Elon Musk offered earlier this year that bitcoin jump buyers of their cars could pay in bitcoin form. In addition, $ 1.5 billion worth of investment has been made. These were purchased by Tesla. The value of bitcoin has increased tremendously since then. Most cabinet economists predict it will cross the $ 60,000 mark. Since then, MasterCard and Visa have also been known to make decisions in favor of crypto or bitcoin.
However, recently we saw Elon Musk posting about the cryptocurrency dozycoin in his tweets. Dozycoin became very famous with the musk tweet egg. If so .. started investing in DG. Doggie has also been running ever since. Can Tesla accept dozycoin payments? Musk recently tweeted. He is thought to have survived an earlier attempt to oust him following Mr Jiang’s intervention. And with the latest bitcoin dropping, Dizzy Coin is on the run.