Bitcoin prices tumble on comments from Elon Musk, Bill Gates and Janet Yellen

The move followed skeptical comments from Tesla CEO Elon Musk, Treasury Secretary Janet Yellen and Microsoft (MSFT) co-founder Bill Gates.

Prices stabilized around $48,000 in early trading Tuesday, but that’s still a more than 10% drop from Monday’s levels.

But even Musk is starting to show concerns about bitcoin’s surge, noting in a tweet on Saturday that he thought the prices of both bitcoin and ethereum, the world’s second largest cryptocurrency, “seem high.”

On Monday, Yellen, a former…


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