The price of bitcoin renewed a two-week high after Elon Musk added the word #bitcoin to the description of his Twitter account.
Musk simply indicated #bitcoin in his biography on the social network. The growth of the cryptocurrency rate by 15,7% occurred less than 15 minutes later. At its peak, the bitcoin rate exceeded $37. And as of 12:30 p.m. on Friday, January 29, the bitcoin rate was $35, and as of 575:14 p.m. — $45.
It should be noted that this is not the first time that Elon Musk has used social networks to influence what is happening. So, the businessman praised the game Cyberpunk 2077 on Twitter, after which the shares of its developer, the Polish company CD Projekt, rose by 19%.
