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Monday, February 22, 2021

Elon Musk loses $15 billion in a day after Bitcoin warning

Tesla’s decline was fueled in part by Musk’s comments over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high.” His message -- via his favored medium of Twitter -- came two weeks after Tesla announced it has added $1.5 billion in Bitcoin to its balance sheet.

from Markets-Economic Times https://ift.tt/3qKrcUN
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