Elon Musk, the Chief Executive Officer (CEO) of Tesla, changed his Twitter Bio earlier today, the 29th of January, and added Bitcoin (BTC) into it. Shortly after this Twitter bio update by Elon Musk, the price value of the pioneering digital currency pumped up to regain its bullish moment and recover its lost value.
Bitcoin Is Now On The Twitter Page of Tesla CEO
The world’s richest man Elon Musk now has only one word in the bio section of his Twitter page, and that particular word is Bitcoin (BTC), the largest cryptocurrency in the world in terms of market capitalization. He has updated his Twitter bio to #bitcoin.
Right after updating his bio section, he made a tweet saying, “In retrospect, it was inevitable.”
He is not the only famous person that has got the flagship cryptocurrency into his Twitter page bio section, but the Chief Executive Officer (CEO) of Twitter, Jack Dorsey, also has the word Bitcoin in his bio section.
Also read:Bitcoin Price Suddenly Pumped Up
Following this news, the price value of the flagship cryptocurrency skyrocketed to recover much of its lost value. The first-ranked cryptocurrency whose price value went down below the $30k mark recently suddenly spiked high to come back above this price level.
Within the duration of just 30 minutes, Bitcoin’s price jumped up by more than 20 percent and touched the $38k figure on some cryptocurrency exchanges. It hit its 24-hour high of $38,406 earlier on today, as per the data from CoinMarketCap. Tesla CEO has caused Bitcoin’s daily price rally helping the coin to once again turn bullish and pulling away from its bearish momentum, which had taken a hold onto the coin in the past week. As of the time of writing, the price of BTC is revolving at around $35,111 with a positive change rate of more than 8 percent in the last 24 hours. Though Bitcoin came closer to break the $40k resistance, it could not do so. But, it is once again aiming at this breakout in the coming days as it has regained its bullish momentum.
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