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Elon Musk says he talked to North American Bitcoin Miners

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@cryptictruth
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It's been a wild ride between China, tweet and straight up FUD. The price of bitcoin jumped about 4% Monday afternoon after Tesla CEO Elon Musk tweeted that he was having active discussions regarding the sustainability of the digital coin.

Bitcoin was trading around $38,074 when at about 3:42 p.m. ET Musk posted on Twitter. Within minutes, the price had shot up to more than $39,500. Overall, the coin is up more than 15% in the last 24 hours.

This seems to be a change after his tweet on May 12 that the company “suspended vehicle purchases” using bitcoin, out of concern over “rapidly increasing use of fossil fuels” for bitcoin mining which sent bitcoin sliding. The compounding news out of China piled on and created one of the best BTD opportunities from my perspective.

Right after his Bitcoin tweet he decided to mention his favorite coin DOGE.

This sent the price rocketing back to $0.356 after following with the rest of space.

I'm. holding and not trying to trade as prices are moving as light speed right now.

Posted Using LeoFinance Beta