Bitcoin pumps by 10% in minutes after Elon Musk’s ‘Bitcoin’ update

Elon Musk, popular tech entrepreneur and Tesla CEO, is making waves yet again after he changed his Twitter bio to include “Bitcoin.” Right now, the said bio shares a distinct similarity with the one owned by Twitter CEO Jack Dorsey, who himself is a Bitcoin proponent.

What is even more newsworthy, however, is the fact that the mere act may have contributed to Bitcoin’s price pumping by 10% in 15 minutes.

Source: Twitter

This is a developing story and will be updated soon…

The post appeared first on AMBCrypto

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