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Cryptocurrencies: Bitcoin regains color

17/05/2021
Categories: Index/Markets

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Musk has been pushing investors to pull out of the Cryptocurrency market for the past few days. Nevertheless, the bitcoin which had reached its lowest level in three months, is reborn from its ashes

Bitcoin regained color at 50,505.10 dollars (+ 2.942%) the day after a sharp fall after the announcement by Elon Musk, boss of the manufacturer of electric vehicles Tesla, that his company would no longer accept cryptocurrency as a means of payment.
The day before, after a plunge of around 15% in 48 hours, bitcoin zigzagged around the $50,000 threshold, which it dropped at the end of the day to return to $49,500 (stable over 24 hours) on the Bitfinex platform .

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