{"id":266457,"date":"2021-06-04T11:13:56","date_gmt":"2021-06-04T08:13:56","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-price-slumps-2k-on-musks-in-the-end-tweets\/"},"modified":"2021-06-04T11:13:56","modified_gmt":"2021-06-04T08:13:56","slug":"bitcoin-price-slumps-2k-on-musks-in-the-end-tweets","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-price-slumps-2k-on-musks-in-the-end-tweets\/","title":{"rendered":"# Bitcoin price slumps $2K on Musk\u2019s \u2018in the end\u2019 tweets"},"content":{"rendered":"<p>&#8220;<strong># Bitcoin price slumps $2K on Musk\u2019s \u2018in the end\u2019 tweets <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>Tesla CEO Elon Musk has brought more stress to the cryptocurrency markets by posting another <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of cryptocurrency-related tweets on Thursday.<\/p>\n<p>Bitcoin lost around $2,000 in a matter of hours after Musk took to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> to post about Bitcoin (BTC) again.<\/p>\n<p>The Bitcoin price reacted immediately, dropping from around $38,700 to $37,500 in an hour. Bitcoin continued falling as Musk kept tweeting more cryptic posts in the thread including another breakup-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">theme<\/a>d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1400645833150840835?s=20\">tweet<\/a> on falling crypto prices as well as a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1400663054367571968?s=20\">post<\/a> on Dogecoin (DOGE).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"und\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/MLhu6oOwgc\">pic.twitter.com\/MLhu6oOwgc<\/a><\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1400645833150840835?ref_src=twsrc%5Etfw\">June 4, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Bitcoin subsequently dipped to as low as $36,400, dropping over 6% over the past 24 hours. At the time of writing, BTC is\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\">trading<\/a> at $36,322, according to data from CoinMarketCap.<\/p>\n<p>The price action comes shortly after Bitcoin attempted to retest $40,000 yesterday, with some traders suggesting that BTC could face a correction before continuing an upward trend.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-06\/15944d15-4262-4917-b16f-80a3f9157c2d.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>Bitcoin 24-hour price chart. Source: CoinMarketCap<\/em><\/figcaption><\/figure>\n<p>Musk\u2019s new Bitcoin tweets spurred another wave of outrage in the crypto community. Some questioned the credibility of Musk\u2019s tweets regarding Bitcoin.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">For anyone thinking <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Etfw\">@elonmusk<\/a> &#8216;s tweets have any credibility and you sold your <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a><\/p>\n<p>He just tweeted &#8220;CUM&#8221; \u200d\u2642\ufe0f <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/Z4x4yUeBw7\">pic.twitter.com\/Z4x4yUeBw7<\/a><\/p>\n<p>\u2014 Danny Scott (@CoinCornerDanny) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CoinCornerDanny\/status\/1400692355003453444?ref_src=twsrc%5Etfw\">June 4, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Musk has been widely criticized in the community since he announced the suspension of Tesla&#8217;s BTC payment option amid environmental concerns about Bitcoin mining, causing BTC to drop nearly $30,000 in mid-May.<\/p>\n<p>Musk has emerged as a major Bitcoin price influencer on Twitter, previously causing major optimism on the market by announcing a $1.5 billion worth Bitcoin purchase in February. Following BTC payment suspension at Tesla, Musk hinted that the company could dump its Bitcoin holdings from its balance sheet.<\/p>\n<p>Musk\u2019s latest tweets come right before the Miami Bitcoin 2021 event that is set to kick off this morning, touted as the \u201clargest Bitcoin event in history.\u201d<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-slumps-2k-on-musk-s-in-the-end-tweets\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitcoin price slumps $2K on Musk\u2019s \u2018in the end\u2019 tweets &#8221; Tesla CEO Elon Musk has brought more stress to the cryptocurrency markets by posting another series of cryptocurrency-related tweets on Thursday. Bitcoin lost around $2,000 in a matter of hours after Musk took to Twitter to post about Bitcoin (BTC) again. The Bitcoin&#8230;<\/p>\n","protected":false},"author":1,"featured_media":266458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvMzQ0YjlhYTYtYWU5Yi00NmM3LWEwNzYtMDA5MGVjODU2NmIxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,74863,7058,39394,4965,10401],"class_list":["post-266457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-cryptocurrencies","tag-community","tag-elon-musk","tag-technology","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/266457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=266457"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/266457\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/266458"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=266457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=266457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=266457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}