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Bearish
🔥🔥Musk suddenly broke the silence! He issued a warning of the "destruction" of the US dollar and acknowledged Bitcoin🔥🔥
$DOGE $BTC
Billionaire Elon Musk believes that Bitcoin has "some value" and suggests that other cryptocurrencies are also performing well. He pointed out that the US dollar is heading towards' destruction ', and the continuously rising $35 trillion debt could potentially bankrupt the United States.
Forbes reported that after the sharp drop in Bitcoin prices in 2022, Musk, as the CEO of Tesla, mostly avoided commenting on Bitcoin and cryptocurrencies. However, with the adoption of Wall Street and a shift in the stance of Republican presidential candidate Donald Trump, the price of Bitcoin has rebounded and once again challenged $70000.
In an interview broadcasted on YouTube, Musk said, "I do think Bitcoin has its advantages, and perhaps other cryptocurrencies are also good. I have a special fondness for Dogecoin because I love dogs and emojis
Musk added $1.5 billion worth of Bitcoin to Tesla's balance sheet in 2021, driving the price of Bitcoin to soar and driving the Dogecoin and broader cryptocurrency markets.
However, he first withdrew Tesla's plan to accept Bitcoin payments, and then sold most of Tesla's Bitcoin to barely achieve a profitable quarter in 2022, which led to a sharp drop in Bitcoin prices.
Tesla still holds nearly 10000 bitcoins on its balance sheet, worth nearly $650 million.
At the same time, Musk has been hinting that his Twitter (now renamed X) platform will launch a series of upgrades, which some Bitcoin and cryptocurrency traders believe could change the market.
According to US media reports earlier in July, Musk warned that the US dollar is heading towards "destruction" and the rising $35 trillion debt could bankrupt the country, which some analysts believe could push up the price of Bitcoin.#sol板块 #PHRYGES #美联储何时降息？ #比特币大会 #比特币大会
$DOGE $BTC
Billionaire Elon Musk believes that Bitcoin has "some value" and suggests that other cryptocurrencies are also performing well. He pointed out that the US dollar is heading towards' destruction ', and the continuously rising $35 trillion debt could potentially bankrupt the United States.
Forbes reported that after the sharp drop in Bitcoin prices in 2022, Musk, as the CEO of Tesla, mostly avoided commenting on Bitcoin and cryptocurrencies. However, with the adoption of Wall Street and a shift in the stance of Republican presidential candidate Donald Trump, the price of Bitcoin has rebounded and once again challenged $70000.
In an interview broadcasted on YouTube, Musk said, "I do think Bitcoin has its advantages, and perhaps other cryptocurrencies are also good. I have a special fondness for Dogecoin because I love dogs and emojis
Musk added $1.5 billion worth of Bitcoin to Tesla's balance sheet in 2021, driving the price of Bitcoin to soar and driving the Dogecoin and broader cryptocurrency markets.
However, he first withdrew Tesla's plan to accept Bitcoin payments, and then sold most of Tesla's Bitcoin to barely achieve a profitable quarter in 2022, which led to a sharp drop in Bitcoin prices.
Tesla still holds nearly 10000 bitcoins on its balance sheet, worth nearly $650 million.
At the same time, Musk has been hinting that his Twitter (now renamed X) platform will launch a series of upgrades, which some Bitcoin and cryptocurrency traders believe could change the market.
According to US media reports earlier in July, Musk warned that the US dollar is heading towards "destruction" and the rising $35 trillion debt could bankrupt the country, which some analysts believe could push up the price of Bitcoin.#sol板块 #PHRYGES #美联储何时降息？ #比特币大会 #比特币大会
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