Today news
About the same in other media
Bitcoin retains $65K after Elon Musk sell-off sees BTC pass Tesla market cap
Reading now: 875
Bitcoin (BTC) held $65,000 during Nov. 8 as major gains seemed unfazed by Tesla (TSLA) stock losing 5% at the Wall Street open.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD down around $900 at $65,500 after hitting highs of $66,433 on Bitstamp.
Overnight success was tapered by news that Tesla CEO Elon Musk would sell 10% of his Tesla holdings worth around $23 billion — simply because Twitter users voted for him to do so.
Markets reacted cautiously, with TSLA initially opening at $1,150 after closing Friday at $1,221 before a modest recovery ensued.
Aside from being nine months to the day that Tesla purchased $1.5 billion of Bitcoin for its balance sheet, the move from Musk produced an unintended consequence — Bitcoin
Read more on cointelegraph.comAbout this in other media
VIEW: RBI concerns on bitcoin valid, but official cryptocurrency a silly idea cnbctv18.com /3 years ago
StarLink – The A to Z of the latest market pump ‘instigated’ by Musk ambcrypto.com /3 years ago
Bitcoin falls from $66K highs, Tesla down 3% after Elon Musk warns he could sell more stock cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
