While Bitcoin prices declined after Alan’s tweet, Elon Musk also lagged behind Jeff Bezos in terms of property.
Elon Musk Networth
The connection of Elon Musk and Bitcoin, which are among the world’s richest person, is also very interesting. Once this veteran billionaire businessman had tweeted, bitcoin prices went on record. Now again when Elon Musk made a tweet, a huge drop in bitcoin prices is being recorded. After all, what is in the tweet by Elon Musk, who manages companies like Tesla and SpaceX, which causes bitcoin prices to fluctuate.
In fact, not only bitcoin was harmed by a tweet by Elon Musk, but there was also a huge decline in the wealth of Elon Musk himself. Because of this tweet, Alan has also been crowned as the richest person in the world. In fact, Elon Musk made a tweet that the price of bitcoin is increasing very fast. Within a few hours of expressing concern by Elon Musk, the price of bitcoin in New York dropped by $ 8000, or about 17 percent, to below $ 50,000.
Huge investment in bitcoin
Elon Musk has invested a whopping $ 1.5 billion in bitcoin through his company Tesla. Earlier, when Elon Musk had invested in bitcoin, he said that possessing bitcoin is slightly better than holding cash. But this slight difference makes bitcoin a better asset. He said that bitcoin is different from cash and this difference makes this cryptocurrency special, and that is why Tesla has invested in it. As soon as Tesla invested in bitcoin, its prices reached 52 thousand dollars as soon as he invested in bitcoin.
Elon Musk beats Jeff Bezos
While Bitcoin prices fell after Alan’s tweet, Elon Musk also lagged behind Jeff Bezos in terms of property. Elon Musk has been crowned as the richest man in the world. Musk’s tweet on bitcoin prices has led to a drop in cryptocurrency. Also, Elon Musk’s wealth has also come down to $ 183.4 billion. After beating Allen, Jeff Bezos of Amazon has once again come at number one.
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