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Why Elon Musk has suddenly fallen out with Bitcoin

today17 May 2021

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That love affair between Elon Musk and Bitcoin? It’s just become complicated.

It’s been a rough couple of days in crypto world, with prices of most major crypto assets plummeting — Bitcoin, in particular, was trading at about US$59,500 last Tuesday, only to drop as low as US$42,000 on Monday.

While the Tesla CEO cannot possibly be entirely to blame for the price…

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Written by: Stan Schroeder

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