Does Crypto Nonetheless Care About Elon Musk?

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It is also true that, regardless of this 12 months’s lengthy drawdown, bitcoin and crypto typically are in a vastly totally different place than they had been 18 months in the past. Although two years of crypto hype produced the standard surfeit of scams and rubbish, it has additionally dramatically superior growth, consciousness and adoption, together with El Salvador’s troubled however vital bitcoin experiment. And whereas there aren’t any ensures, the market now appears to have discovered not less than a short lived backside, so Tesla’s sale announcement is combating towards a nascent bull narrative.

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