Elon Musk loses $15 billion in a day after Bitcoin warning - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Elon Musk loses $15 billion in a day after Bitcoin warning

Tesla’s decline was fueled in part by Musk’s comments over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high.” His message -- via his favored medium of Twitter -- came two weeks after Tesla announced it has added $1.5 billion in Bitcoin to its balance sheet.

from Stocks-Markets-Economic Times
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