Here’s why Bitcoin’s price has fallen and what it means for you as an investor.
The world’s largest digital currency has fallen 18% this week. Bitcoin fell to $42,207 yesterday, the lowest it’s been since Feb. 8. According to data from CoinMarketCap, it then rallied and finished the day at around $43,500.
What’s behind Bitcoin’s low?
There were several factors behind Bitcoin’s fall, but the confusion caused by Tesla CEO Elon Musk’s tweets had a considerable impact.
Elon Musk tweets
Bitcoin’s…
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