Bitcoin and DogeCoin had a rough day.
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Tesla CEO Elon Musk shook the cryptocurrency world on Wednesday when he tweeted his company will no longer accept Bitcoin as a form of payment for its vehicles. After Musk shared the news, multiple crypto coins took a dive, including the popular meme coin Dogecoin.
Bitcoin’s price fell sharply by 14% to dip just below $49,000 on Wednesday. It rebounded just a bit to get back up over $50,000 on Thursday. Tesla had a hand in the jumps in Bitcoin’s price in February and March, when…
Source CNET Computer News
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