Elon Musk.

Photo: The Indian Express

Bitcoin Hits Lowest Mark Since Feb After Elon Musk Hints Discarding His Shares

Bitcoin witnessed its lowest point since February as it traded below $45,000 on May 16, after Tesla Chief Elon Musk hinted at dumping shares worth $1.5 billion of cryptocurrency. The plummeting occurred after Musk commented 'indeed' to a tweet that read, "Bitcoiners are going to slap themselves...when they find out Tesla dumped...their #Bitcoin holdings". Musk on May 13, confirmed Tesla's boycott of Bitcoin citing environmental issues.

Mon, 17 May 2021 - 11:24 AM / by Harsh Vardhan

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