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Elon Musk Took The Stage, Crypto Market Recovered

Elon Musk took the stage, the crypto market recovered. The chaos in the cryptocurrency markets seems to be over for now.

Elon Musk Took The Stage, Crypto Market Recovered
Yazar: Elif Dinçer

Yayınlanma: 19 Mayıs 2021 22:16

Güncellenme: 20 Kasım 2024 05:56

Elon Musk Took The Stage, Crypto Market Recovered

After Elon Musk's statements, the crypto currency exchange, which fell sharply with China's ban on crypto currencies, is recovering.

Elon Musk took the stage, the crypto market recovered. The chaos in the cryptocurrency markets seems to be over for now. It can be said that the price are rising, although investors are very worried when the price of Bitcoin (BTC) dropped to $ 30,000 and the price of Ethereum (EHT) dropped to $ 1,888. Bitcoin (BTC) has recently reached $ 40,000 on many platforms, including Binance coin exchange. Although ETH is currently trading at $ 2,700, it is pushing the level of $ 3,000. This situation points to the recovery in the cryptocurrency market.

New Bitcoin Statement From Elon Musk

Elon Musk, who steered the cryptocurrency market and started the decline in Bitcoin, shared a post stating that Tesla did not sell Bitcoin at all after the sharp decline in price. Although there was a lot of hate speech under Elon Musk's implied statement, Musk made it clear that it was actually not his own decision. https://twitter.com/elonmusk/status/1395027147161489412?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1395027147161489412%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.kriptopiyasasi.com%2Fkripto-para-piyasasinda-dusus-bitti-mi-elon-musk-yine-sahnede%2F Recently, Musk, who came to the fore with his negative statements about BTC, contributed to the tweet "praised Master of Coin" with the tweet, which implies that Tesla did not sell Bitcoin. Tesla recently reported to the SEC that company changed the title of CFO Zach Kirkhorn to "Master of Coin". With this comment, it was seen that Kirkhorn was the power behind Tesla's not selling BTC.  
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