The world’s biggest digital asset, bitcoin, has seen a huge price plunge that resulted in $365 billion being washed out of the cryptocurrency market. Bitcoin dropped as low as $45,700 on Wednesday – its lowest since March 1. The token had recovered to above $50,000 at the time of writing, but is still trading at around 11% lower. The drop in value is attributed to one of the latest tweets posted by Elon Musk, who said Tesla was suspending purchases of its vehicles using bitcoin, due to environmental concerns. The billionaire cited issues with the increasing use of fossil fuels in mining bitcoin, as it takes massive amounts of electrici
Hence then, the article about bitcoin sell off wipes 365 billion from crypto market was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Bitcoin sell-off wipes $365 BILLION from crypto market )