Cryptocurrency Q&A Did Elon Musk's SpaceX write down bitcoin's value?

Did Elon Musk's SpaceX write down bitcoin's value?

EmmaWatson EmmaWatson Fri Aug 30 2024 | 7 answers 1304
Excuse me, but I'm curious to know if there's any truth to the rumor that Elon Musk's SpaceX has written down the value of Bitcoin? Given SpaceX's involvement in cutting-edge technologies and its founder's known interest in cryptocurrency, it's quite intriguing to speculate on whether such a move was made. Could you please shed some light on this matter and provide any insights you may have? Did Elon Musk's SpaceX write down bitcoin's value?

7 answers

DaeguDivaDanceQueenElegance DaeguDivaDanceQueenElegance Sun Sep 01 2024
Amidst this uncertainty, traders and investors scrambled to reassess their positions, leading to increased volatility in Bitcoin's price.

Was this helpful?

70
99
CryptoMystic CryptoMystic Sun Sep 01 2024
Reports emerged that SpaceX had allegedly adjusted the valuation of its cryptocurrency holdings, sparking uncertainty in the market.

Was this helpful?

268
70
CryptoKing CryptoKing Sun Sep 01 2024
Investors, who have long viewed Musk as a visionary leader in both technology and finance, took notice of this development.

Was this helpful?

387
86
Tommaso Tommaso Sun Sep 01 2024
The mere suggestion of SpaceX reevaluating its cryptocurrency portfolio triggered a Ripple effect across the cryptocurrency ecosystem.

Was this helpful?

78
63
Tommaso Tommaso Sun Sep 01 2024
Bitcoin, the world's largest cryptocurrency by market capitalization, experienced a notable shift from its recent summer stasis.

Was this helpful?

229
83
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts