After Elon Musk’s tweet, bitcoin rose by $5 thousand in half an hour

The head of Tesla and SpaceX, Elon Musk, posted the hashtag of the first cryptocurrency on his Twitter account and wrote a separate tweet about it:

“Looking back, [we understand that] it was inevitable.”

Immediately after the publication of this message, bitcoin began to rise in price. Within half an hour after Musk’s tweet, the cryptocurrency exchange rate rose by more than 15%, to $37 thousand. The price adjusted to $35.8 thousand, and at the time of writing, it is $36.6 thousand, according to data from Coinmarketcap.

Elon Musk’s tweets have recently become increasingly successful drivers for services and companies. So the other day, the media reported that after the billionaire’s tweet about the game Cyberpunk 2077, the developer company’s shares soared by 19%. And earlier published on Twitter, Musk’s call to use the secure messenger signal led to the fact that in 4 days, the number of downloads of this application increased by 4200%.


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Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
Function: Chief-Editor
Ivan Maltsev

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