Bitcoin Drops 12%. Is This a Buying Opportunity?

Bitcoin Drops 12%. Is This a Buying Opportunity?
·4 min read

The price of Bitcoin has dropped 12% in the past 24 hours after Tesla CEO Elon Musk said the firm would no longer accept Bitcoin purchases. Tesla's move was based on a concern about Bitcoin's carbon footprint. "We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel," he tweeted.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting