Elon Musk, Bitcoin, and the possibility of volatility
The crypto market turned red after SpaceX sold BTC worth millions of dollars. However, BTC was showing signs of recovery.
The percentage of BTC supply in profit fell from 71% to 61%.
BTC was still under $26,000, but a few metrics were bullish.
Over the last few days, the crypto market witnessed a sudden downtrend, causing top coins like Bitcoin [BTC] and Ethereum’s [ETH] price to plummet. Not only was the effect limited to the market leaders, but altcoins with lower market caps also felt the heat
