Bitcoin slid below $45,000 for the first time in almost three months after the billionaire owner of the electric-car maker seemed to agree with a Twitter post that said Tesla should divest what at one point was a $1.5 billion stake in the largest cryptocurrency. It traded at $45,270 as of 5:51 p.m. in New York, down about $4,000 from where it ended Friday.
The online commentary was the latest from the mercurial billionaire in a week of public statements that have roiled digital tokens.
Muskβs disclosure in early February that Tesla used $1.5 billion of its nearly $20 billion in corporate cash to buy Bitcoin sent the tokenβs price to record and lent legitimacy to electronic currencies, which have become more of a mainstream asset in recent years despite some skepticism.
His latest dustup with Bitcoin started with a tweet from a person using the handle @CryptoWhale, which said, βBitcoiners are going to slap themselves next quarter when they find out Tesla dumped the res ..
Please share by clicking this button!
Visit our site and see all other available articles!