Bitcoin plummeted below $ 45,000 on Sunday, losing more than 8% in a day. Elon Musk crashed bitcoin again, threatening to sell all Tesla coins.
Over the past week, the first cryptocurrency has lost more than 22%. Bitcoin started last week on a negative wave after failing to break above $ 60,000.
The fall intensified on May 13 following Tesla’s announcement of suspending sales of electric vehicles for the first cryptocurrency due to concerns about the environmental friendliness of BTC mining.
Bitcoin broke through Thursday’s lows of around $ 47,000 on Sunday, setting a new 2.5 low at $ 44,000.
Tesla founder Elon Musk admitted the possibility of a complete liquidation of the company’s position in bitcoin amid criticism of his statements in the cryptocurrency community, writes ttrcoin.
Twitter user CryptoWhale suggested that an unpleasant surprise could await Bitcoin holders in the next quarter if Tesla announces the sale of all of its remaining coins.
“Considering how much hate is being poured out on Musk, I won’t blame him,” added CryptoWhale.
“Indeed,” Musk said. After just one word from the Mask, the cryptocurrency fell by $ 2500.
Tesla invested $ 1.5 billion in Bitcoin at the beginning of the year and recorded some of its profits in the first quarter.
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