Elon Musk has just pulled the price of Bitcoin to nearly 40,000 USD after just 1 tweet

Elon Musk has just pulled the price of Bitcoin to nearly 40,000 USD after just 1 tweet


2021-06-15 02:11:21

Bloomberg reported that the price of Bitcoin has just jumped to nearly $ 40,000 after Elon Musk said that Tesla will restore transactions with the digital currency as Bitcoin mining operations use cleaner energy.

Specifically, the car maker will accept Bitcoin transactions again “on confirmation of a reasonable amount of Bitcoin, about 50% mined with clean energy and future positive trends, Tesla will continue to allow payments in Bitcoin,” Musk said via a tweet.

Elon Musk has just pulled the price of Bitcoin to nearly $40,000 after just one tweet - Photo 2.

Musk’s announcement comes shortly after a Cointelegraph article quoted Magda Wierzycka – President of Sygnia Asset Management as saying that Musk’s recent tweets about Bitcoin were “market manipulation”. and the Securities and Exchange Commission (SEC) should investigate.

Bitcoin price immediately jumped 9.3% to $39,372 on Sunday afternoon in New York – the highest level since June 3 and just slightly below the $40,000 level seen as an important milestone. important. By the morning session on Monday, the digital currency had dropped slightly by 1%, to $ 38,881 Hong Kong time.

Elon Musk has just pulled the Bitcoin price to nearly $40,000 after just one tweet - Photo 3.

“Musk’s tweet adds a positive energy as Elon’s views appear to have been better moderated and provide a not-too-distant goal,” said Jonathan Cheesman, President of Organizational Sales. at the FTX cryptocurrency said

Musk has made the price of cryptocurrencies like Bitcoin fluctuate wildly over the past few months. Back in February, Tesla announced it had bought $1.5 billion in Bitcoin and signaled it was starting to accept Bitcoin as a means of payment. In March, Musk tweeted again: “Now you can start buying Tesla cars with Bitcoin”

Musk’s moves to reverse this view are controversial, not least when it has too great an impact on the price of Bitcoin. Not to mention the digital currency itself still has many problems.

Currently, Tesla is holding a large amount of Bitcoin worth about $ 1.5 billion, has sold 10% to beautify the financial report of the first quarter of 2021. The second quarter is coming to an end, and some experts think that Elon Musk may need to accelerate Bitcoin’s price fluctuations.

Musk himself also suffered for his actions when the world’s most notorious hacker group Anonymous posted a video of Elon Musk’s face.

Specifically, the video is more than 3 minutes long, criticizing the things Elon Musk has done such as manipulating virtual currency, braggingly declaring himself the ‘Emperor of Mars’. The message closed with the famous words of this hacker group: “We are Anonymous. We are Legion. Wait for us”.

This is a direct warning to Elon Musk but it is not clear what this group of hackers will do. However, Elon Musk as usual continues to post new tweets alluding to the virtual currency market. It seems that the South African-born billionaire is very anxious to be ‘inquired’ by Anonymous.

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