After Elon Musk Changes Twitter Bio To “#Bitcoin,” BTC Price Surges

After Elon Musk Changes Twitter Bio To “#Bitcoin,” BTC Price Surges

Early this morning, Elon Musk, the CEO of SpaceX and Tesla, as well as the richest person in the world, changed his Twitter profile to read “#bitcoin” and tweeted a cryptic message that many in the Bitcoin space interpreted as advocacy for the technology or acknowledgment that his tacit endorsement was bound to happen. In retrospect, it was inevitable— Elon Musk (@elonmusk) January 29, 2021 Within minutes of the tweet surfacing, the price of bitcoin climbed sharply. It rose from about $32,000 at the time of the tweet to about $37,500 just an hour later, a 14 percent spike, per....


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