Cryptocurrencies seem to be at the mercy of Tesla’s words again (((TSLA)- Get the report Founder Elon Musk plunged some of the top digital coins after a tweet exchange by Honmachi, an electric car, on Sunday afternoon.
Bitcoin fell to $ 44,408.51 by about 5 pm on Sunday, Ethereum’s ETH fell to $ 3,379.40, and Dogecoin fell to about 50 Cent.
The ciphers are already low, but they seemed to slip dramatically in response to another user’s post on Twitter after Mask wrote “certainly” on Twitter.their #Bitcoin Holding.With the amount of hatred @elonmusk No, I won’t blame him … “
Ambiguous responses seemed to spur the decline, with Bitcoin down 8.4% and ETH down more than 11% in 24 hours.
But they were also built on the previous decline following the sudden criticism of the mask for the power used in Bitcoin’s digital mining-and Reverse the previous movement To enable vehicle purchases using Bitcoin.
“For clarity, I strongly believe in cryptography, but it cannot promote the use of fossil fuels, especially the significant increase in coal,” he wrote last week.
Mask Twitter Post After appearing in “Saturday Night Live” Dogecoin also moved down last week, following some jokes about cryptocurrencies.
However, the cryptography was so volatile that he bowed before his tweet on Sunday.
Bitcoin has fallen by nearly 24% in the last seven days, according to CoinGecko. ETH is down 13% that week and Dogecoin is down more than 20%.
ETH exceeded $ 4,000 just about a week ago, but last week technical analyst Helene Meisler wrote to Ethereum:It’s not a chart that attracts me. There are no measurement targets left.“”
Due to the decline in Bitcoin, it is close to what was seen in the fall of April. I fell Temporarily less than $ 48,000.
Bitcoin, Other Cryptos Fall Sharply on Sunday Source link Bitcoin, Other Cryptos Fall Sharply on Sunday