• Terms of Service
  • Privacy Policy
Breaking News From the World
  • Home
  • News
  • Analysis
  • Brokers
  • Tools
  • Education
  • Health
  • Forex
  • Crypto
No Result
View All Result
  • Home
  • News
  • Analysis
  • Brokers
  • Tools
  • Education
  • Health
  • Forex
  • Crypto
No Result
View All Result
Breaking News From the World
No Result
View All Result

The Tweet Of Elon Musk Moved The Markets Again: Bitcoin Rose Above $40,000

The top unit in the cryptocurrency markets rose above $40,000 after Tesla CEO Elon Musk announced that he would start accepting Bitcoin again in vehicle sales if Bitcoin miners get only half of their energy from renewable sources.

Baxter Adams by Baxter Adams
June 14, 2021
in Analysis, Crypto, News
0
The top unit in the cryptocurrency markets rose above $40,000 after Tesla CEO Elon Musk announced that he would start accepting Bitcoin again in vehicle sales if Bitcoin miners get only half of their energy from renewable sources.

The Tweet Of Elon Musk Moved The Markets Again: Bitcoin Rose Above $40,000

0
SHARES
26
VIEWS
Share on FacebookShare on Twitter

The highest-volume unit in the cryptocurrency markets rose above $40,000 after Elon Musk, CEO of electric vehicle manufacturer Tesla, announced that he would start accepting Bitcoin again in vehicle sales if Bitcoin miners get only half of the energy they use from renewable sources.

In a statement on Twitter, Musk said “When there’s confirmation of reasonable (~50%) clean energy usage by miners with the positive future trend, Tesla will resume allowing Bitcoin transactions.”

He did not give any information on how to measure this rate, although it climbed above 12 percent. Bitcoin dragged all the markets after it.

In markets that were almost all in the red before the announcement, 93 of the top 100 units went up in the last 24 hours.

Emphasizing that Bitcoin started to climb right after Musk‘s tweet, analysts noted that “Cryptocurrency markets tables, which were almost all in red, suddenly turned into a green sea.”

With the effect of the developments, Bitcoin, which fluctuated between $34,885.46 and $39,746.35 in the last 24 hours, increased by 12.13 percent to $40,176.84, while the weekly gain of the unit was calculated as 7.92 percent. Bitcoin’s total market cap also increased by about $78billion to $733 billion.

Ethereum, the second-largest unit of the cryptocurrency markets, rose 6.84 percent to $2,502.13 in the last 24 hours. It was fluctuating between $2,312.64 and $2,547.37. The unit’s weekly loss was 10.53 percent, and the market cap was $288 billion, up nearly $17 billion.

Tether, the third largest unit of the cryptocurrency markets, fell 0.02 percent in the last 24 hours when it fluctuated between $0.9996 and $1.00. The unit’s weekly loss was 0.01 percent, and the market cap was unchanged at $62 billion.

This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.

When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.

— Elon Musk (@elonmusk) June 13, 2021

With the effect of purchase heavy transactions in the markets, the value of only seven units of the top 100 cryptocurrencies’ value fell in the last 24 hours, while two units from the top 10 units were among those that fell.

With these developments, the total volume in all markets rose from 1.0 trillion 621 billion dollars to over 1.5 trillion dollars again.

Tags: bitcoinCointelegraphCryptocryptocurrencyElonIncreaseMuskRiseTeslatweet
Previous Post

General François Lecointre; France’s Chief Of Defence Staff Resigns

Next Post

Rat Infestation In Australia: She Woke Up While Rat Was Gnawing Her Eye!

Next Post
Recent news about the rat infestation in Australia continues to be announced. A resident of Narromine, about 400 kilometers from Sydney, was woken up by a mouse gnawing her eye.

Rat Infestation In Australia: She Woke Up While Rat Was Gnawing Her Eye!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Terms of Service
  • Privacy Policy

© 2020 GL NEWS Accurate And Reliable News

No Result
View All Result
  • Home
  • News
  • Analysis
  • Brokers
  • Tools
  • Education
  • Health
  • Forex
  • Crypto

© 2020 GL NEWS Accurate And Reliable News

bitcoin
Bitcoin (BTC) $ 20,013.00
ethereum
Ethereum (ETH) $ 1,126.40
bitcoin-cash
Bitcoin Cash (BCH) $ 103.36
tether
Tether (USDT) $ 1.00
litecoin
Litecoin (LTC) $ 52.29
eos
EOS (EOS) $ 0.936937
cardano
Cardano (ADA) $ 0.469146
stellar
Stellar (XLM) $ 0.111607
monero
Monero (XMR) $ 118.40
leo-token
LEO Token (LEO) $ 5.76
huobi-token
Huobi (HT) $ 5.08
iota
IOTA (MIOTA) $ 0.272101
tezos
Tezos (XTZ) $ 1.51
okb
OKB (OKB) $ 11.86
dash
Dash (DASH) $ 45.51
cosmos
Cosmos Hub (ATOM) $ 7.18
ethereum-classic
Ethereum Classic (ETC) $ 15.34
neo
NEO (NEO) $ 8.76
usd-coin
USD Coin (USDC) $ 1.00
ontology
Ontology (ONT) $ 0.231998
crypto-com-chain
Cronos (CRO) $ 0.117898
nem
NEM (XEM) $ 0.039352
maker
Maker (MKR) $ 954.18
zcash
Zcash (ZEC) $ 58.84
dogecoin
Dogecoin (DOGE) $ 0.065516
paxos-standard
Pax Dollar (USDP) $ 1.00
basic-attention-token
Basic Attention (BAT) $ 0.373845
vechain
VeChain (VET) $ 0.023046
true-usd
TrueUSD (TUSD) $ 1.00
decred
Decred (DCR) $ 23.02
qtum
Qtum (QTUM) $ 2.88
v-systems
V.SYSTEMS (VSYS) $ 0.002508
bitcoin-gold
Bitcoin Gold (BTG) $ 15.98
ravencoin
Ravencoin (RVN) $ 0.023100
holotoken
Holo (HOT) $ 0.002190
0x
0x (ZRX) $ 0.350764
lisk
Lisk (LSK) $ 1.21
omisego
OMG Network (OMG) $ 1.86
algorand
Algorand (ALGO) $ 0.306309
kucoin-shares
KuCoin (KCS) $ 10.07
nano
Nano (XNO) $ 0.782456
augur
Augur (REP) $ 8.18
bytom
Bytom (BTM) $ 0.011408
digibyte
DigiByte (DGB) $ 0.009130
waves
Waves (WAVES) $ 5.26
bitcoin-diamond
Bitcoin Diamond (BCD) $ 0.162297
snovio
Snovian.Space (SNOV) $ 0.000173
stratis
Stratis (STRAX) $ 1.13
neon-exchange
Nash (NEX) $ 0.372884
bcv
BitCapitalVendor (BCV) $ 0.000153
factom
Factom (FCT) $ 0.328963
cdai
cDAI (CDAI) $ 0.022078
aelf
aelf (ELF) $ 0.141191