Jakarta –
Price bitcoin cs today bounced like a bekel ball. After plummeting deep enough, cryptocurrencies bounced back.
The movement of bitcoin cs today is again thanks to the actions of Tesla’s boss, Elon Musk. In his latest tweet, Musk said “Tesla hasn’t sold any bitcoins yet”.
The statement was clarified after he previously wrote on his Twitter account that Tesla was considering selling part of its very large holdings in Bitcoin.
Launching Reuters on Monday (17/5/2021), Bitcoin today fell more than 9% to the level of US $ 42,185. This figure is the lowest since last February 8. However Bitcoin price rallied back to around US $ 45,190.
Ethereum also briefly fell to the level of US $ 3,123.94, and then bounced back to US $ 3,540. Dogecoin is down nearly 7%, and all three are under recent records.
“There is nothing new I can say about bitcoin, volatile, highly speculative, easy to manipulate, “said Neil Wilson, chief market analyst at Markets.com.
Tesla revealed in February that it had bought US $ 1.5 billion worth of bitcoins. In late April, Musk said the company sold 10% of its stake to prove liquidity.
Bitcoin, which was pushed as a means of payment in reality until recently only a few countries accept it. One of the reasons is because Bitcoin is highly volatile and transactions are relatively expensive.
The most popular digital currency has now fallen by a third from its record high in mid-April. According to JPMorgan cash flow data showing, investors have been exiting Bitcoin in recent weeks.
On Wednesday, Musk said Tesla was not accepting Bitcoin as a means of payment to buy a car. The reason is because of environmental problems. The bitcoin mining process requires a large amount of electrical energy which also comes from an environmentally unfriendly generator.
(das / dna)
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