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Elon Musk Tweets, Dogecoin Leaps And Bitcoin Retreats

Elon Musk Tweets, Dogecoin Leaps And Bitcoin Retreats
Elon Musk Tweets, Dogecoin Leaps And Bitcoin Retreats
Working with Doge devs to improve system transaction efficiency. Potentially promising, Elon Musk said on Twitter, vaulting dogecoin from about $0.43 to $0.52 on the Binance exchange.
Updated: May 14, 2021 8:42 am IST
Dogecoin is down about a third since last Friday, having tumbled after Elon Musk referred it as hustle
SINGAPORE/SAN FRANCISCO:
Bitcoin was pinned near its lowest in more than two months on Friday and headed for its worst week since February, while dogecoin leapt by a fifth as tweets from Tesla boss Elon Musk sent the two cryptocurrencies on a wild ride. ....

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Musk tweets, doge leaps and bitcoin retreats

3 Min Read
SINGAPORE/SAN FRANCISCO (Reuters) - Bitcoin was pinned near its lowest in more than two months on Friday and headed for its worst week since February, while dogecoin leapt by a fifth as tweets from Tesla boss Elon Musk sent the two cryptocurrencies on a wild ride.
FILE PHOTO: Cryptocurrency representations are seen in front of the Dogecoin logo in this illustration picture taken April 20, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
Markets have gyrated to Musk tweets for months since his interest in dogecoin sparked a hundred-fold rally in the previously ignored token’s value this year, while Tesla’s $1.5 billion bitcoin purchase helped it break past $50,000 in February. ....

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Dogecoin leaps and bitcoin retreats after Musk tweets

Dogecoin leaps and bitcoin retreats after Musk tweets
Updated / Friday, 14 May 2021
14:09
Bitcoin is down about 13% this week, while Dogecoin has soared 25%
Bitcoin was heading today for its worst week since February, while dogecoin leapt by a quarter, as the latest tweets on cryptocurrencies from Tesla boss Elon Musk sent the digital coins on a wild ride.
Bitcoin is down about 13% this week, and was last up 1.6% at $50,503. It has slumped over a fifth from its record of just under $65,000 hit last month.
Cryptocurrency markets have gyrated to Musk tweets for months, with his comments on dogecoin - a token started as a joke that has scant practical use - fuelling a hundred-fold rally this year. ....

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Elon Musk tweets, doge leaps and bitcoin retreats

Dogecoin is down about a third since last Friday, having tumbled after Musk referred to it as a hustle on Saturday Night Live. ....

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Musk tweets, doge leaps and bitcoin retreats - Netscape Money & Business

Musk tweets, doge leaps and bitcoin retreats
By Tom Westbrook and Hyunjoo Jin
Reuters
SINGAPORE/SAN FRANCISCO (Reuters) - Bitcoin was pinned near its lowest in more than two months on Friday and headed for its worst week since February, while dogecoin leapt by a fifth as tweets from Tesla boss Elon Musk sent the two cryptocurrencies on a wild ride.
Markets have gyrated to Musk tweets for months since his interest in dogecoin sparked a hundred-fold rally in the previously ignored token s value this year, while Tesla s $1.5 billion bitcoin purchase helped it break past $50,000 in February.
Yet in an equally surprising U-turn he dented the world s biggest cryptocurrency this week after announcing Tesla stopped accepting bitcoin in payment owing to environmental concerns, making investors uneasy about Musk s influence on crypto prices. ....

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