Elon Musk, Tesla’s founder and CEO, said the company wouldn’t accept Bitcoin as payment any longer. As a result, BTC/USD dropped to $45,300, the low unseen since March.
Tag - cryptocurrency
US inflation rose to a 13-year high making the USD rise…
Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!
Bitcoin skyrocketed 5% after Tesla’s founder Elon Musk officially announced it will accept the cryptocurrencies as payment.
Bitcoin has fallen enormously amid the wider sell-off in risk assets. The cryptocurrency plunged by nearly 20% this week, marking the largest drop since March.
The BTC skyrocketed to $50 000 but dropped just below this level. The total crypto market cap has surpassed $1.5 trillion.
Bitcoin has confirmed a top, closed below the 50-day MA at 10,921 yesterday and fell through all the key MAs on H4.
Bears finally took over the cryptomarket and pulled the price for BTC down.
Bulls finally gave up their positions.
The bullish optimism in the crypto market continues.
As fears about global economic well-being mount, market players turn to BTC seeing it as a kind of independent alternative.
On Tuesday, Bitcoin managed to rally more than 10% testing $8,000 in Asia, while other key crypto assets also demonstrated substantial profits against the backdrop of bullish sentiment…