Bitcoin Increases By 11% After Elon Musk Namecheck On Twitter

Elon Musk
Public figures and rich individuals do have great impacts on good, services and influencing the thoughts of people and this has been proved again as Bitcoin soars at a 11% after Elon Musk’s endorsement.
Recall that millions of people had ditched Mack Zuckerburg’s WhatsApp over new Privacy policy after Elon endorsed a competing app, Signal. “Use Signal”, he wrote, and pheew, people rushed up to the download site.
Now again, the World’s 2nd Richest Man deleted his Twitter bio, and put Bitcoin only. Nothing about himself or his company, just bitcoin and its corresponding emoji. As at 1005 GMT, however, as reported by Jerusalem Post, the world’s biggest cryptocurrency was up 10.2% at $36,901, touching its highest for 10 days.
Read also: Musk Loses $14 Billion In One Day, Falls Behind Jeff Bezos As Second Richest Person
Jerusalem Post added in its report that he had also helped GameStop Corp, which has been at the center of retail trading frenzy, surge 50% on Tuesday after he tweeted “Gamestonk!!,” along with a link to the Reddit Wallstreetbets stock trading discussion group.Bitcoin Increases By 14% After Elon Musk Namecheck On Twitter

Elon Musk
Elon Musk
Photos Credit: Getty

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