Bitcoin in the market this year, coupled with the blessing of Tesla Elon Musk , the price continues to rise and flutter. However, Bitcoin ushered in a reversal last night.

Elon Musk recently said that the price of Bitcoin "seems to be high." In addition, US Treasury Secretary Janet Yellen , Microsoft co-founder Bill Gates and many fund predators have issued after the warning, Bitcoin last night suffered a crash , fell below $ 50,000.

US Treasury Secretary Janet Yellen warned investors on Monday that Bitcoin is a highly speculative asset and investors should be careful because it still has legality and stability issues, although digital currency may bring faster And cheaper payments, but many issues still need to be studied.

In an interview a few days ago, Bill Gates mentioned that he is not optimistic about Bitcoin , and reminded investors that without Elon Musk's strong capital, they should be more cautious in Bitcoin transactions.

Gates also mentioned in the interview that he is not a fan of Bitcoin, because the mining of Bitcoin consumes a lot of energy and affects the environment . At the same time, he is also worried for investors other than Elon Musk.

He said that Elon Musk has a lot of money and is very experienced, so he is not worried about his Bitcoin rising or falling. But those investors who bought in the Bitcoin boom may not have so much spare money, so they are not optimistic about Bitcoin. Bill Gates concluded, "If you don't have more money than Musk, you might have to be careful."

It is reported that Elon Musk is a loyal supporter of Bitcoin, and recently he has frequently published relevant information on Twitter. Tesla, the electric car company he founded, also announced the purchase of Bitcoin equivalent to 1.5 billion U.S. dollars to help diversify and increase cash returns. It also announced that it would accept Bitcoin as one of the payment methods, becoming the first car manufacturer company to accept Bitcoin transactions.

Bitcoin suffered a sharp drop this time, and the share price of electric car manufacturer Tesla fell 8.6%, causing Elon Musk's assets to shrink by $15.2 billion, once again losing from the position of the richest man.
[SOURCE]
Axact

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