Elon Musk: Tesla didn't sell its BTC

As soon as the crypto community began to suspect Musk of cheating, he immediately rushed to release an announcement:"Tesla didn't sell its bitcoins."

Musk's tweets this weekend provokedsignificant drop in the price of BTC. His latest tweet helped limit the damage to the market a bit. After this announcement, the price of BTC recovered from $ 43,000 to $ 45,000 in just a few minutes.

Obviously Musk has too much influencefor bitcoin and cryptocurrencies in general. Some Twitter users have already expressed doubts about Bitcoin's status as “digital gold” if its price can be manipulated so easily.

However, seasoned crypto investors like Anthony Pompiliano took advantage of universal fear (the fear and greed index dropped to 27) to buy back the bottom.

Subscribe to ForkNews on Telegram to keep abreast of news from the world of cryptocurrencies

Based on materialscoingape.com