ELON MUSK RECENT TWEET SUGGESTS HE HAS HAD ENOUGH OF BITCOIN

The billionaire tweeted a cryptic message suggesting a break up with the dipping crypto currency

ELON MUSK RECENT TWEET SUGGESTS HE HAS HAD ENOUGH OF BITCOIN
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The dip in Bitcoin in recent weeks has been largely attributed to musk's tweet about the crypto. A number of Musk’s recent tweets have sparked in the crypto community a mix of ebullience, confusion, apprehension and, at times, dread.

His social-media missives have had outsize influence on the prices of dogecoin and bitcoin and he’s at least partly blamed for the extant slump in bitcoin and the broader crypto complex. An article last month in The Wall Street Journal described him as bitcoin’s biggest influencer.

His most recent cryptic message has also seen the payment solution slipped down further out of the pecking order. At last check Thursday night, bitcoin prices BTCUSD, -5.39% were down 2.3%, changing hands $37,762 according to CoinDesk data, slipping after the Tesla Inc. TSLA, -5.33% CEO’s most recent tweet.

In the long run, it seems the Tesla CEO is done with Bitcoin and ready to divorce the marriage between his company and the cryptocurrency, it's adviceable for enthusiasts and miners to thread with caution on the Bitcoin mirage at the moment.


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