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Reading: Elon Musk’s Reluctant Comments on Bitcoin and Twitter
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COINTURK NEWS > Bitcoin (BTC) > Elon Musk’s Reluctant Comments on Bitcoin and Twitter
Bitcoin (BTC)

Elon Musk’s Reluctant Comments on Bitcoin and Twitter

In Brief

  • Elon Musk's hesitant stance affects crypto markets again.

  • Ark CEO asks Musk about integrating Bitcoin with Twitter (X).

  • Despite selling Tesla's Bitcoin, SpaceX still holds some.

COINTURK NEWS
COINTURK NEWS 2 years ago
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The most important day of the year for crypto investors continues with full intensity. Yes, it’s Elon Musk’s turn now. Musk, who shook the crypto markets during the 2021 bull season, is back on stage. However, this time it seems like he’s been pushed onto the stage reluctantly, as his statements emphasize his unwillingness.

Twitter (X) and Bitcoin (BTC)

Now that the SEC has given its approval for a spot Bitcoin ETF, it has confirmed its legitimacy, even though it may say otherwise. The CEO of Ark took the opportunity to ask Elon Musk whether he considered integrating Bitcoin into X.

If you recall, we recently reported on Musk’s response to Wood’s long crypto question, saying “I don’t care about cryptocurrencies anymore.” This time the situation was not much different, but the hopeful investors priced in the ETF news, which lifted BTC with the following statement.

“I could integrate Bitcoin into X, but I don’t think much about this topic. I don’t know much about the Bitcoin Lightning Network. We had a cash need at Tesla and sold our BTC, but we still have some Bitcoin at SpaceX. I have Dogecoins.”

The DOGE price hovers at $0.0845, but BTC rose to its 24-hour peak of $47,695 during the time these statements were made.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 11 January, 2024 - 2:30 am 11 January, 2024 - 2:30 am
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