Amid Rumors Of Dumping Its BTC Holdings, Elon Musk Maintains Tesla Hasn’t Sold Any Bitcoin

Amid Rumors Of Dumping Its BTC Holdings, Elon Musk Maintains Tesla Hasn’t Sold Any Bitcoin
фото показано с : zycrypto.com

2021-5-17 12:00

Elon Musk has been dragged under the bus by countless bitcoin proponents as the price of the flagship currency continues to take a downward movement. Bitcoin dropped 20%, sending prices to $45,000 as of yesterday.

As of publication, Bitcoin imitates analysts’ predictions that the asset could continue to dip for the most part of this week, and with Bitcoin now trading at $45,065 at press time, their analysis remains valid.

BTCUSD Chart By TradingView The Bitcoin selloff continues

Asides from the “bearish” tweets from Musk, which to many is simply just the Billionaire’s expression of his dissatisfaction with Bitcoin, Bitcoin could sustain more losses if Tesla sold its remaining Bitcoin holdings.

Following Tesla’s announcement, onlookers spotted a Bitcoin transfer of 19,259, worth over $872 million at press time. Analyst William Clemente observed that the transfer time coincided with Musk’s tweet, hinting that Tesla may have indeed called it a day for Bitcoin.

Was this Tesla selling? https://t.co/Pk6c7BwkyI

— William Clemente III (@WClementeIII) May 16, 2021 Musk reveals Tesla’s $1.5 billion holdings still intact, prices soar

However, Musk has recently cleared the air on whether the Bitcoin holdings are still under Tesla’s belt. In what could be considered the most recent positive tweet from Musk on Bitcoin, he wrote “To clarify speculation, Tesla has not sold any Bitcoin.”

Some excited Bitcoiners are holding on to the news as a sign that Tesla has not lost all interest in Bitcoin, despite Musk’s tweets that Dogecoin is a superior asset to Bitcoin. On the other hand, skeptical Bitcoiners are convinced that in a matter of time, Tesla will pull through with its Bitcoin sale.

Recall that Elon Musk teased that this could be the case, given that Bitcoin proponents have continued to critique Tesla’s decision. Shortly after hinting that Tesla might give up its $1.5 billion Bitcoin holdings.

However, Bitcoin has since surged by 7% since Musk’s clarification on Tesla’s Bitcoin holdings.

#Bitcoin bounces 7% after Elon Musk confirms that Tesla hasn't yet sold any of their Bitcoin holdings. pic.twitter.com/Zj9v5zYaEV

— Mr. Whale (@CryptoWhale) May 17, 2021 Bitcoin doesn’t need Elon Musk

Meanwhile, analysts’ who heavily bought the dip have insisted that Bitcoiners pay no mind to the bear market.

In unison, key players agree that “Bitcoin doesn’t need Musk. Rather, Musk needs Bitcoin.” It is unclear where the market is headed going forward, but the sentiments from top Bitcoin proponents similarly claim that the bear trend is only temporary, as Bitcoin is still yet to bottom.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 62132.52 (+0.46%)
Объем 24H $26.414b
Изменеия 24h: -0.89 %, 7d: 5.15 %
Cегодня L: $60790.32 - H: $62576.48
Капитализация $1223.762b Rank 1
Цена в час новости $ 43191.66 (43.85%)

bitcoin musk elon take continues currency downward

Источник: zycrypto.com

bitcoin musk → Результатов: 126


Фото:

Bitcoin Fans Are Absolutely Furious at Elon Musk

Pump and Dump On Wednesday evening, Tesla CEO Elon Musk announced that the automaker would no longer accept Bitcoin payments just months after it first started to. The move sent shockwaves through the Bitcoin community — and caused the crypto’s value to plummet, according to CNBC — and Bitcoin holders accusing Musk of manipulating the […] The post Bitcoin Fans Are Absolutely Furious at Elon Musk appeared first on Futurism.

2021-6-8 17:54


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru