Elon Musk good for Bitcoin even on down day: Binance.US CEO

Elon Musk good for Bitcoin even on down day: Binance.US CEO


Elon Musk good for Bitcoin even on down day: Binance.US CEO
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Last Updated: Jun 04, 2021, 10:39 PM IST
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Synopsis
Bitcoin's volatility has intensified in recent weeks in response to various social-media posts from the Tesla Inc. founder.
AP
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The leader of one of the largest crypto exchanges in the U.S. sees Elon Musk’s impact on the industry as a positive -- even on a bad day.
“Whether he’s pushing markets up or down, that’s probably good in the long term,” Binance.US Chief Executive Officer Brian
Brooks said in a Bloomberg Quicktake interview. “If Elon Musk is this interested in crypto, crypto must be pretty important.”

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