MysticGlider
Wed Jul 10 2024
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5 answers
951
Did Elon Musk cause cryptocurrencies to swing wildly over the last year?
Has Elon Musk's influence been a significant factor in the volatile swings observed in the cryptocurrency market over the past year? His tweets and public statements have often garnered significant attention, leading to rapid price movements in various digital assets. From his support of Bitcoin to his doubts over its environmental impact, his opinions have seemed to wield a powerful impact on market sentiment. Do experts attribute these market fluctuations primarily to Musk's public comments, or are there other factors at play?
