View more in
Stocks

Elon Musk, Michael Saylor, Peter Schiff, and Others: Community Reacts to Bitcoin’s Bloodbath

cryptopotato.com
 2021-05-19

Cover picture for the articleCryptocurrencies went through a massive crash today before a small rebound, and reactionary tweets flew all over Twitter as sentiments bubbled high. This collapse, catalyzed by Elon Musk’s tweets criticizing Bitcoin’s energy consumption, was exacerbated by several factors, including China, reiterating its anti-Bitcoin stance, a large short position on Bitfinex, and the necessity of a general correction in the overbought crypto space.

cryptopotato.com

Comments / 0

Comments / 0