Bitcoin Drops 12%. Is This a Buying Opportunity?

Bitcoin Drops 12%. Is This a Buying Opportunity?
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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.