Elon Musk’s disenchantment tweet and the value drops 7%

The last few weeks have been complicated for the Bitcoin, with a mini-crash having made its value unscrewed until it brought it back to around $ 30,000. Since then, the virtual currency remains in an in-between but has tended in recent days to return to 40,000 dollars.

A new tweet from Elon Musk with the hashtag Bitcoin followed by a broken heart appears to have shifted the lines again and started a downtrend again, making decrease the value by 7% before a slight recovery.

The businessman’s message is not the only reason for the decline in a context of the fragility of virtual currency, but it once again raises the question of the risk of price manipulation by a few influential personalities on an asset. highly volatile.

Above all, this new episode comes as the American stock market policeman, the SEC (Securities and Exchange Commission), considered that the billionaire twice broke the rules imposed on him for the publication of his messages on social networks that could influence the course of his businesses.

In the case of Bitcoin, what seems to be only a small game of semi-cryptic message exchanges between wealthy people, however, gives a cold sweat to investors and speculators, large and small, at the risk of turning into a real manipulation. of the course varying according to the declarations of a small number of people and potentially according to their own interests.

So many elements of suspicion that could lead to sanctions and go in the direction of the supporters of stronger regulation to regulate virtual currencies.

The Dogecoin, Elon Musk’s new favorite cryptocurrency, however, is not immune to the downturn and lost 10% on Friday to position around $ 0.36.

Source: GNT – actualités by www.generation-nt.com.

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