How Elon Musk Moves The Price Of Bitcoin With His Twitter Activity

How Elon Musk Moves The Price Of Bitcoin With His Twitter Activity

OBSERVATIONS FROM THE FINTECH SNARK TANK

With more than 47 million followers on Twitter, Elon Musk’s tweets get a fair amount of attention.

That’s an understatement, of course. His tweets move markets. When he changed his Twitter bio in late January to #bitcoin, the price of Bitcoin rose nearly 20% in a matter of hours.

Musk has also tweeted about Dogecoin, but claimed…


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