New Delhi. Elon Musk remains in the limelight due to his work as well as his tweet. There is also a reason for this. Because of his tweet, Tesla shares have been badly affected in the stock market. Because of which Tesla investors have also suffered a lot of losses. Now a similar fate is being seen with Bitcoin.
After Elon Musk’s tweet about bitcoin, the price of a bitcoin has dropped by more than 17 percent. After which bitcoin prices have reached a 75-day low. Let us also tell you what Tesla CEO Elon Musk has said about Bitcoin in his tweet.
Elon Musk’s tweet
The Tesla company on Thursday morning refused to take bitcoins to buy its vehicles due to climate concerns. Elon Musk tweeted that we are quite upset about the rapidly increasing use of fossil fuels for bitcoin mining and transactions. Especially coal, which has the worst emissions of any fuel.
Bitcoin dashed after tweet
Following the tweet by Elon Musk, the world’s second richest man, the world’s largest cryptocurrency Bitcoin saw a 17 percent drop in prices. In two hours, the price of a bitcoin has come down from $ 54,819 to $ 45,700. If you look at the Indian currency, then there was a decrease of 6.71 lakh rupees in one bitcoin. After which bitcoin prices have reached a low of 75 days.
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Tesla buys $ 1.5 billion worth of bitcoin
Let me tell you that earlier this year it was said on behalf of Tesla that it had bought $ 1.5 billion worth of bitcoin. It also announced that it would accept it in the purchase of its cars, due to which the price of this digital token was seen to increase significantly. However, Musk also stated that Tesla will not sell any bitcoin and will start accepting bitcoin as soon as the mining turns into more sustainable energy.