Elon Musk’s Tesla U-turn on Bitcoin over environmental fears wipes $365bm from crypto market value
Bitcoin’s value was still down 8.85% percent over the 24 hour period since Elon Musk’s shock announcement that Tesla will no longer accept Bitcoin as a form of payment due to environmental factors. Musk’s announcement on Wednesday evening initially caused a huge 17 percent drop in the price of the world’s largest cryptocurrency, but it recovered … Read more
