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Bitcoin

Elon Musk: “Bitcoin” appeared in his description on Twitter –

Some of the followers of Elon Musk’s Twitter profile may have noticed that the creator of Tesla added the word “Bitcoin” to his “biography” on his profile on the portal. The latter is followed by 43.7 million followers.

Elon Musk and Bitcoin

When the richest man in the world, Elon Musk, writes about Bitcoin, know that something is happening. Now he has updated his Twitter description. He did this exactly today, January 29. He just added the word “Bitcoin”. The price of the cryptocurrency increased almost immediately.

In addition to the above, he published a secret post:

Some assumed that the tweet was a reference to the Dogecoin price surge (DOGE) that was initiated by traders at r / wallstreetbet. Others, however, believe it is about BTC.

Either way, Bitcoin’s price suddenly started to rise. In the next 30 minutes after the post was published, the price of BTC increased by 13.9%, starting from around $ 32,194. According to CoinMarketCap data, you currently have to pay about USD 36,200 for 1 BTC. So far (as of 11:30) BTC was the most expensive USD 37,420, which is over 20% increase in the last 24 hours.

In turn, in December 2020, the value of Dogecoin increased by 25 percent. after Musk published a meme on this controversial cryptocurrency. Earlier, he tweeted about BTC, writing about the digital currency that it was his Safe word.

The richest tweet about BTC

Musk is not the first billionaire to add the word “Bitcoin” to his Twitter description, however. The CEO of this social network, Jack Dorsey, did the same in mid-2020. Dorsey is also the CEO of Square, the fintech company responsible for the app that also serves Bitcoin users. Almost 80 percent its revenues came from trading BTC itself.

Current course You can always check Bitcoin and other cryptocurrencies in the tabs: exchange rate Bitcoin and the cryptocurrency rate on the website . A place where you can buy BTC and more coins, include cryptocurrency exchange BitBay.net. If you do not have an account on BitBay yet, from this article you will learn how to efficiently create one: LINK.

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