Category: Digital valuta

Tesla CEO Elon Musk

Elon Musk tweeted last night that Teslas can be bought with bitcoins again if the cryptocurrency uses less fossil fuels. The price of bitcoin immediately shot up by more than 5 percent. Last month, Musk caused a fall in the price of the cryptocurrency, when he tweeted that bitcoin is bad for the climate.

“As soon as about 50 percent of the energy used for mining bitcoins is clean, Teslas can be purchased again,” Tesla CEO Elon Musk wrote on Twitter last night:

Bitcoin, the world’s most famous cryptocurrency, immediately rose in value by about 5.1 percent and is now worth more than $ 37,360 (about 30,880 euros). That is still considerably less than two months ago, when the coin was worth more than $ 63,000. Cryptofriends.io is helpful.

Huge price drop

Last month, the Tesla boss caused a huge drop in the price of the digital currency. He was a big fan of bitcoin but changed his mind because of the carbon emissions caused by the digital currency.

3.4 percent: So little tax paid by the richest Americans

He called bitcoin a “scam” on a popular TV show and later wrote on Twitter that Tesla no longer accepts the cryptocurrency as a means of payment. He also joked online that he was “breaking up” with the coin, pushing the price down even further. Polkadot price is high.

Despite bitcoin’s decline in May, the digital currency is still worth nearly four times what it was a year ago. Ether, the second largest crypto currency in total value, has become more than ten times as much in a year.

The $40,000 zone is still a solid ceiling! The bitcoin (BTC) bulls have failed to break it in recent days. Bitcoin has been falling again since early yesterday morning, reaching a relatively important point today. Is this again just a temporary dip, or are we diving deeper into the range?

Bitcoin (BTC) price at 50-moving average, activity is increasing

As could be read earlier today on Crypto Insiders, the BTC price has fallen in value again. At the time of writing, the price of bitcoin is $39,695 on crypto exchange Coinbase. 24 hours ago, bitcoin was still trading above $41,000.

The decline has brought bitcoin back to the 50-moving average (MA) on the 4-hour chart. This point could provide some support. On-chain analyst Will Clemente notes that there is a lot of activity around the current price level:

https://youtu.be/eJ-FUFV7MJo

This could mean that this point can indeed form a support. Still, a further dip, deeper into the price range that bitcoin has been trading in since the end of May, cannot be ruled out. For example, there is some negative news about a new bill in the United States. Shiba inu is well known in crypto.

Ethereum (ETH) holds up well

Despite the falling bitcoin price, ethereum (ETH) knows how to increase in value. The largest altcoin on the market is almost 3% in the green, making it the biggest riser of the top 10. The only other riser at the moment is the number 10, uniswap (UNI). It is 1% in the plus.

The largest decliner is polka dot (DOT). The altcoin is down 2.8% and is now worth $18.36. DOT was also the subject of good news today. The Dutch exchange Bitvavo will start listing new altcoins in the coming days. Polkadot is the first altcoin to be added. Holo is well known in crypto.

Overall, the crypto market lost 1.7% of its value over the past 24 hours. All cryptocurrencies together are worth $1.62 trillion. Bitcoin is losing ground again. Bitcoin dominance falls almost 1% and stands at 46.1%.