सोमवार, 17 मई 2021

Bitcoin hits 3-month low and then rallies on Elon Musk tweets

Musk has boosted crypto markets with his enthusiasm for the asset class but has lately roiled trade by appearing to cool on bitcoin in favour of its one-time parody, dogecoin. The gyrations are beginning to spook even steeled traders. Bitcoin fell more than 9% on Monday to as low as $42,185, its lowest since Feb. 8, but rallied back to around $45,190 as of 0911 GMT.

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