cryptogon.com

news – analysis – conspiracies

• Home
• About
• Archives
• Contact
• Support Cryptogon
• Story Suggestions

Elon Musk Touches Off Bitcoin Pump

January 29th, 2021

Via: CoinDesk:

Bitcoin witnessed a sudden double-digit spike to 10-day highs on Friday.

The top cryptocurrency picked up a bid near $32,000 at around 08:30 UTC and jumped to $37,050, the highest level since Jan. 19, according to CoinDesk 20 data. The 15.7% rise happened in less than 15 minutes and more than reversed the early dip from $34,400 to $32,000.

While the exact reason for the bullish move is hard to define, prices surged after Tesla and SpaceX CEO Elon Musk changed his Twitter bio to mention the cryptocurrency.

Sign in | Register

The New Zealand Copyright Act 1994 specifies certain circumstances where all or a substantial part of a copyright work may be used without the copyright owner's permission. A "fair dealing" with copyright material does not infringe copyright if it is for the following purposes: research or private study; criticism or review; or reporting current events. If you are a legal copyright holder, or a designated agent for such, and you believe a post on this website falls outside the boundaries of "fair dealing," and legitimately infringes on your or your client's copyright, please contact Kevin Flaherty. Cryptogon contains both original material and material from external sources. Original material: Copyright Kevin Flaherty. Material from external sources: Copyright the respective owners / authors.

Design by Andreas Viklund | Ported by Matteo Turchetto