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Elon Musk Sends Bitcoin Surging 15% After He Added Crypto to His Twitter Bio

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For the last 10-days, the price of Bitcoin nosedived. However, the crypto added as much as 15% in terms of value after Tesla Inc and SpaceX CEO Elon Musk included the cryptocurrency in his Twitter bio. 

Musk’s page on Twitter simply said #bitcoin with no further explanation and this was enough to send prices up as much as 15% in a matter of minutes.

The digital asset spiked to $38,089.94 following the billionaire’s update, after having spent most of the week in a range between $31,000 and $33,000.

It hit an all-time high of over $41,000 earlier this month, driven by a record amount of economic stimulus and inflationary fears.

Jiji Nigeria
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