Politics
What did Elon Musk tweet that led Bitcoin, Dogecoin, and Ethereum to plunge?
ELON Musk single-handedly caused cryptocurrencies to plummet after he tweeted out a meme.
The SpaceX owner likened the meme, which references Linkin Park, to his relationship with Bitcoin.
Elon Musk[/caption]
What did Elon Musk tweet that led Bitcoin, Dogecoin, and Ethereum to plunge?
Elon Musk sent Bitcoin’s value into free fall after he posted a meme about Linkin Park with the hashtag #Bitcoin and a broken heart emoji.
The CEO of SpaceX and Tesla tweeted a meme of a split couple discussing lyrics from Linkin Park’s hit In the End suggesting a breakup – like the billionaire’s relationship with Bitcoin.
“Her: I know I said it would be over between us if you quoted another Linkin Park song but I’ve found someone else,” the meme read. “Him: So in the end it didn’t even matter?”
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Accompanying the meme, which showed a man and a woman distantly sitting next to each other on a couch, was the hashtag #Bitcoin and a broken heart emoji.
The billionaire’s tweeting caused Bitcoin’s value to decrease by six percent, while other cryptocurrencies like Ethereum (by seven percent) and Dogecoin (by eight percent) also nosedived.
In a subsequent tweet, Musk posted another meme of a woman facetiming a man saying “I miss you,” and “why are you crying” said the woman, with the man replying “cuz I miss you too.”
