105 days ago • Posted by Martin Boujol

The Bitcoin rally initiated by Musk almost disappeared

When Elon Musk posts, markets move. This rule did not fail last week, when he changed his Twitter bio to "#bitcoin". The cryptocurrency surged 16% to $38'627 on Friday, but it is now back to the 33 thousands. So far, the Bitcoin has shed $8'000 from its $42'000 all-time high, but remains up 250% in the past year. 

Source: Bloomberg

#Cryptocurrencies #Technology
The Bitcoin rally initiated by Musk almost disappeared
bg_nwsletter