Elon Musk’s Tesla dumps 75% of Bitcoin holdings as profit plunges
The selling of Bitcoin holdings added $936 million to its balance sheet; Bitcoin is trading 2.37% down at $22,903.48
The selling of Bitcoin holdings added $936 million to its balance sheet; Bitcoin is trading 2.37% down at $22,903.48
Bitcoin earlier tanked below $26,000 but later recovered a bit to $27,604.56. The digital currency is still down 11% in 24 hours.
The world's largest crypto has fallen 20.20% in the past seven days and 28.19% in the past one month. The fall seen in the context of larger sell-off in the global market amid weak sentiments.