{"id":195512,"date":"2021-05-17T20:00:22","date_gmt":"2021-05-17T20:00:22","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=195512"},"modified":"2021-05-17T20:00:25","modified_gmt":"2021-05-17T20:00:25","slug":"bitcoin-elon-musk","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/","title":{"rendered":"Bitcoin fell to a three-month low after Elon Musk tweet"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Bitcoin fell to its lowest level in three months, after investors sold their holdings of the cryptocurrency after Tesla\u2019s Elon Musk hinted that the carmaker company would sell some of its holdings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Musk had previously criticized the Bitcoin for being environmentally unsustainable, while supporting Dogecoin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Musk was supportive of the cryptocurrency markets with his enthusiasm for this class of assets. However, recently, he caused trading turmoil after it appeared as if he had withdrawn his support from Bitcoin in favor of Dogecoin, which started as a joke.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin lost more than nine percent of its value today to reach as much as $42,185. This is its lowest level since February 8. Ethereum, on the other hand, which is linked to the Ethereum blockchain, rose to as much as $3,123.94.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.google.com\/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=&amp;cad=rja&amp;uact=8&amp;ved=2ahUKEwi3--HIvNHwAhWoy4UKHW3IBRkQmhMwMHoECBwQAg&amp;url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FDogecoin&amp;usg=AOvVaw09EkEX_4snavrOQD6umheI\">Dogecoin <\/a>has fell nearly seven percent to $0.48. All three currencies are well below their recent highs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On Wednesday, Musk said that Tesla would stop accepting Bitcoin as a payment method due to environmental concerns about the energy used to conduct its associated operations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He hinted yesterday that Tesla might have sold its holdings of it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Musk was one of the first major companies leaders to adopt cryptocurrencies. He spur the popularity of Dogecoin, a cryptocurrency that started as a joke in 2013.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In February 2021, Tesla said it had bought $1.5 billion worth of Bitcoin, and had planned to accept it as a currency to settle transactions, leading to a rise in its stock as well as its value.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin remained not far from its lows today, after recent tweet of Elon Musk.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The largest cryptocurrency fell 0.4% to $49,128 Friday morning, after falling 9.5% on Thursday, according to Bloomberg data. Dogecoin has risen 10% in the past hour, according to CoinGeco.com.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tesla shares rose 0.3% in post-close trade in New York, after closing 3.1% at $571.69. Tesla&#8217;s stock has declined by 19% since the beginning of 2021.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Keep reading: <a href=\"https:\/\/www.bnreport.com\/en\/customers-banks-bitcoin\/\">Customers Of Some U.S. Banks Will Be Able To Buy, Hold And Sell Bitcoin Soon<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin fell to its lowest level in three months, after investors sold their holdings of the cryptocurrency after Tesla\u2019s Elon Musk hinted that the carmaker company would sell some of its holdings. Musk had previously criticized the Bitcoin for being environmentally unsustainable, while supporting Dogecoin. Musk was supportive of the cryptocurrency markets with his enthusiasm [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":195514,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[168,278],"class_list":["post-195512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-bitcoin","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin fell to a three-month low after Elon Musk tweet - BNReport<\/title>\n<meta name=\"description\" content=\"BNReport - Bitcoin fell to its lowest level in three months after Tesla\u2019s Elon Musk hinted that the carmaker company would sell some of its holdings.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin fell to a three-month low after Elon Musk tweet - BNReport\" \/>\n<meta property=\"og:description\" content=\"BNReport - Bitcoin fell to its lowest level in three months after Tesla\u2019s Elon Musk hinted that the carmaker company would sell some of its holdings.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-17T20:00:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-17T20:00:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/05\/Bitcoin-Elon-Musk.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"904\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"BNR staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BNR staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/\"},\"author\":{\"name\":\"BNR staff\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/58f65d9c9a5003dcc6e2d5774c54062e\"},\"headline\":\"Bitcoin fell to a three-month low after Elon Musk tweet\",\"datePublished\":\"2021-05-17T20:00:22+00:00\",\"dateModified\":\"2021-05-17T20:00:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/\"},\"wordCount\":332,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/Bitcoin-Elon-Musk.jpg\",\"keywords\":[\"Bitcoin\",\"Featured\"],\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/\",\"name\":\"Bitcoin fell to a three-month low after Elon Musk tweet - BNReport\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/Bitcoin-Elon-Musk.jpg\",\"datePublished\":\"2021-05-17T20:00:22+00:00\",\"dateModified\":\"2021-05-17T20:00:25+00:00\",\"description\":\"BNReport - Bitcoin fell to its lowest level in three months after Tesla\u2019s Elon Musk hinted that the carmaker company would sell some of its holdings.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/Bitcoin-Elon-Musk.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/Bitcoin-Elon-Musk.jpg\",\"width\":1500,\"height\":904,\"caption\":\"Bitcoin Elon Musk\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bitcoin-elon-musk\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin fell to a three-month low after Elon Musk tweet\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/58f65d9c9a5003dcc6e2d5774c54062e\",\"name\":\"BNR staff\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/mnsa\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin fell to a three-month low after Elon Musk tweet - BNReport","description":"BNReport - Bitcoin fell to its lowest level in three months after Tesla\u2019s Elon Musk hinted that the carmaker company would sell some of its holdings.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin fell to a three-month low after Elon Musk tweet - BNReport","og_description":"BNReport - Bitcoin fell to its lowest level in three months after Tesla\u2019s Elon Musk hinted that the carmaker company would sell some of its holdings.","og_url":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2021-05-17T20:00:22+00:00","article_modified_time":"2021-05-17T20:00:25+00:00","og_image":[{"width":1500,"height":904,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/05\/Bitcoin-Elon-Musk.jpg","type":"image\/jpeg"}],"author":"BNR staff","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"BNR staff","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/"},"author":{"name":"BNR staff","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/58f65d9c9a5003dcc6e2d5774c54062e"},"headline":"Bitcoin fell to a three-month low after Elon Musk tweet","datePublished":"2021-05-17T20:00:22+00:00","dateModified":"2021-05-17T20:00:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/"},"wordCount":332,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/05\/Bitcoin-Elon-Musk.jpg","keywords":["Bitcoin","Featured"],"articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/","url":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/","name":"Bitcoin fell to a three-month low after Elon Musk tweet - BNReport","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/05\/Bitcoin-Elon-Musk.jpg","datePublished":"2021-05-17T20:00:22+00:00","dateModified":"2021-05-17T20:00:25+00:00","description":"BNReport - Bitcoin fell to its lowest level in three months after Tesla\u2019s Elon Musk hinted that the carmaker company would sell some of its holdings.","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/05\/Bitcoin-Elon-Musk.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/05\/Bitcoin-Elon-Musk.jpg","width":1500,"height":904,"caption":"Bitcoin Elon Musk"},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/bitcoin-elon-musk\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Bitcoin fell to a three-month low after Elon Musk tweet"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/58f65d9c9a5003dcc6e2d5774c54062e","name":"BNR staff","url":"https:\/\/www.bnreport.com\/en\/author\/mnsa\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/195512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=195512"}],"version-history":[{"count":1,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/195512\/revisions"}],"predecessor-version":[{"id":195517,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/195512\/revisions\/195517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/195514"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=195512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=195512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=195512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}