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Elon Musk Causes BTC Crash and Turns To Dogecoin

Bitcoin and crypto prices beyond the board have suffered this week since a sell-off was sparked by Tesla billionaire. To be specific, Elon Musk and Ethereum co-founder Vitalik Buterin helped wipe $300 billion from the market.

Notably, bitcoin price has lost more than 20% over the last seven days, dragging down the entire crypto market. This took place for most top currencies, while the “joke” meme-based crypto Dogecoin recently rocketed into the crypto top five by value.

Now, Musk, the self-appointed techno king of Tesla has begun calling himself Dogecoin’s CEO. There are rumours that Tesla might have sold more of its bitcoin holdings, as Musk proposes radical dogecoin upgrad…

This article was first published on coinquora.com

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Source: Cryptocurrency - investing.com

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