Finance

Bitcoin “is a helluva drug”- Elon Musk

Tesla’s Elon Musk seems to be taking Bitcoin on a roller coaster ride.

After tweeting that he was “breaking up” with the crypto currency, which seeming led to a price fall, Musk tweeted that it is “a helluva drug” in a reply. Does this mean he is back on the bandwagon?

It gave the price a momentary increase due to the speculation, however from 12:01 am EST to 6:30 am EST Bitcoin took another $1,000+ tumble and now sits around $36,500, a far cry from its $63,000+ peak in April of 2021.

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