Thursday, December 02, 2021

NEWS

Bitcoin plummets due to Tesla’s statements

Bitcoin plummets due to Tesla’s statements

Brussels, May 13 (Prensa Latina) The bitcoin, the most widely used crypto-currency, collapsed on Thursday after statements made by Tesla Founder Elon Musk that he will stop accepting payments in it.
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

Elon Musk, who defended crypto-currencies on numerous occasions, announced in a tweet that Tesla, the US manufacturer of electrical vehicles, has decided to suspend sales in bitcoin.

According to Elon Musk, the move is influenced by the environmental impact brought about by the increasing use of fossil fuels, especially coal, to generate the energy required to mine bitcoins, about which the company is concerned.

The currency fell almost 8 percent on Thursday, and is at around 50,400 dollars.

At times it fell as much as 14 percent, and it was close to 46,000 dollars, according to Bloomberg. On Wednesday, the bitcoin was down more than four percent.

The value of bitcoin is currently a long way (about 14,400 dollars) from the all-time high of 64,869 dollars that it hit on April 14.

jg/llp/agp/rfc

RELATED
FILE PHOTO: Vials labelled "COVID-19 Coronavirus Vaccine" and syringe are seen in front of displayed Novavax logo in this illustration taken, February 9, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
ÚLTIMO MINUTO
name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.