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Elon Musk Is In Favor Of Bitcoin This Time!

Elon Musk, the founder of Tesla and SpaceX, is in favor of Bitcoin this time. Musk was criticized by investors for manipulating the market.

Elon Musk Is In Favor Of Bitcoin This Time!
Yazar: Elif Dinçer

Yayınlanma: 5 Haziran 2021 22:59

Güncellenme: 17 Kasım 2024 20:48

Elon Musk Is In Favor Of Bitcoin This Time!

Elon Musk, who caused Bitcoin to crash with his tweets yesterday, made a new tweet. This time, Musk made a post praising Bitcoin.

Elon Musk, the founder of Tesla and SpaceX, is in favor of Bitcoin this time. Elon Musk, who was criticized by many investors for manipulating the cryptocurrency market, caused Bitcoin, which forced 40 thousand dollars, to decline to around 35 thousand dollars with his tweets on June 4, 2021. Today, Musk has once again influenced the market with his new profile picture. https://twitter.com/elonmusk/status/1054520588734058496

What Does This Picture of Musk Mean

The famous billionaire, who first shared an anime girl with the Bitcoin (BTC) symbol in the background on October 23, 2018, made his followers turn to Bitcoin through his love for Japanese cartoons. Suspecting that Elon Musk's account was hacked, Twitter suspended Musk's account for a while because of this tweet. After this incident, Musk, who came to the agenda with the same picture about 2.5 years later, adapted this picture to the trend on February 19, 2021 and shared it as a profile picture with red rays. After this move by Musk, who stated that this was only a one-day change, the market value of Bitcoin increased to 1 trillion dollars. https://twitter.com/elonmusk/status/1362863263982247940

Anime Girl Is Back

Many investors who hold Elon Musk responsible for the sharp movements that occurred in Bitcoin, while following his Twitter account closely, witnessed the return of the anime girl as the profile picture. Bitcoin gained more than 3 percent value and climbed up to $ 37 thousand 800. Ethereum, following the rise in Bitcoin, gained more than 5 percent in value. On the other hand, right after these positive developments, it was announced that Weibo, known as China's Twitter, blocked access to many cryptocurrency accounts. This has created a selling pressure on Bitcoin and altcoins. BTC is currently trading around $35,845.
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