Business
Bitcoin price plunges by 17%: Elon Musk tweets value ‘seems high’ – NEWS.com.au
Bitcoin price plunges by 17%: Elon Musk tweets value ‘seems high’
The price of bitcoin plunged 17 per cent on Monday after hitting a record high of $74,019.31 on Sunday.The volatile cryptocurrency fell to $65,204.59 before regaining ground. At 7.30am AEDT it was valued at $68,676.84.
The slide came just hours after billionaire Elon Musk tweeted that bitcoin and Ethereum “seem high”.
RELATED: Bitcoin’s market value hits $1 trillion for first time ever
The comment comes after Tesla invested nearly $2 billion in the cryptocurrency. The company has already racked…
-
Noosa News24 hours agoLNP Premier David Crisafulli announces ‘Queensland’s royal commission’ into CFMEU
-
Noosa News24 hours agoMan stabbed in physical altercation on the Sunshine Coast
-
General16 hours agoChina was the big disruptor in our region. Now the US is determined to take that title
-
General16 hours agoSpaceX to invest $3 billion in Musk’s xAI startup