There was an important development that affected the entire cryptocurrency community. Billionaire businessman Elon Musk shared a message on Twitter. both Bitcoin and Dogecoin shot up in price. Musk, who has made similar moves in the past, recently made his move this time. $44 billion He did it through Twitter, which he bought.
Cryptocurrency markets have been in a stagnant state for some time now. bitcoinwent between $21,000 and $23,000 last week. This situation is also felt in other cryptocurrencies. However, something happened this morning that changed the situation. Shares of Elon Musk, Bitcoin give life. Other cryptocurrencies and Dogecoin were also affected.
The Bitcoin price chart has changed as follows:
Bitcoin (BTC), trading at $21,650 in the morning, paralleled Elon Musk’s stock in a few minutes. 22 thousand 300 dollars rose to levels. Bitcoin prices, which later saw a small sell off, are up as of the writing of this article. 22 thousand 140 dollars trading levels.
Dogecoin price increase exceeded 6 percent in 24 hours!
Dogecoin (backed by Elon Musk for years)DOGE), was trading at $0.082 ahead of shares on Twitter. DOGE price rose to $0.087 just minutes later. The rise in value of the cryptocurrency, currently trading at $0.086 levels, over the past 24 hours of 6 percent came up with it.
So what did Elon Musk say, have the crypto money markets moved?
Using a edited photo in his Twitter post, Elon Musk said the CEO of Twitter represents Dogecoin. Shiba Inu dog said that. The billionaire businessman, who shared a few more photos afterwards, expanded the cryptocurrency markets with this move. it has mobilized.
*This content cannot be considered investment advice.
Source: Web Tekno
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.