Bitcoin price fell this Friday morning after Elon Musk posted a meme from his Twitter handle indicating he’s fallen out of love with the world’s top cryptocurrency.
Elon Musk is a billionaire and he is the CEO of Tesla. He tweeted a meme about a couple
Breaking up over the male partner quoting Linkin Park lyrics and adding a hashtag #Bitcoin and a broken heart emoji.
The cryptocurrency recovered slightly but still remained within the red after Square CEO Jack Dorsey tweeted on Friday morning that the digital payments company is considering creating a hardware wallet for bitcoin.
Bitcoin was 4.3% lower at $36,925.74 as of 4:03 p.m. ET on Friday, in keeping with data from Coin Metrics. Other digital coins followed suit, with No. 2 cryptocurrency ether dipping 3.6% to $2,694.92 and dogecoin — Musk’s favored crypto — dipping 1.7% to 38 cents.
This year was a wild year, as bitcoin has reached a record of more than $64, 000 in April, only to then plummet to nearly $ 30,000 the following month. Sources say that it is now more than 40% off its all-time high, though still up almost 30% so far in 2021.
Earlier to this Musk has tweeted about crypto, And that put a huge impact on the crypto market. In May he tweeted about Tesla not accepting Bitcoin due to concerns over its energy usage, due to concerns over its energy usage, shaving hundreds of billions of dollars in value off the entire crypto market in a single day.