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Bitcoin Price Slumps After Musk Tweets of Breakup


June 4, 2021 · By Muhammad Awwal
Bitcoin (BTC)

Elon Musk continues playing with the crypto Twitter, causing more rage in the community

Tesla CEO Elon Musk has brought more stress to the cryptocurrency markets by posting another series of cryptocurrency-related tweets on Friday .

Bitcoin lost around $2,000 in a matter of hours after Tesla CEO Elon Musk put out a cryptic tweet hinting at a breakup with the largest cryptocurrency

pic.twitter.com/MLhu6oOwgc

— Elon Musk (@elonmusk) June 4, 2021

Musk has been widely criticized in the community since he announced the suspension of Tesla’s BTC payment option citing environmental concerns about Bitcoin mining, causing BTC to drop nearly $30,000 in mid-May.

Musk’s latest tweets come right before the Miami Bitcoin 2021 event that is set to kick off this morning, touted as the “largest Bitcoin event in history.”

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