Bitcoin: What’s the impact of Musk’s ‘but I don’t dump’ claims
“If the price of Bitcoin goes down, I lose money. I might pump, but I don’t dump.” You might have, most definitely, stumbled upon this Elon Musk statement while scrolling through social media today. The market’s largest cryptocurrency witnessed mini-pumps in succession over the past 24 hours owing to Musk’s public appearance on “The B Word.” Riding on the back of Elon Musk’s claims, Bitcoin went on to cross the $32,500-mark. However, the same could not persist for long. Bitcoin pumped, but here’s what traders had to say Bitcoin was back