Elon Musk Acquires Twitter, Cryptocurrency Market Cap Rises Above $1 Trillion

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Cryptocurrency markets have seen significant bullish momentum this week, with Bitcoin and Ethereum rising by 7% and 19% in the past week. While cryptocurrency prices remain relatively flat this Friday compared to yesterday, the market sentiment remains bullish. Let’s look at relevant crypto and global news affecting markets today. Key Points: Elon Musk finalizes his acquisition of Twitter, taking the company private and firing the CEO and several executives. Core Scientific declares bankruptcy, and its stock is down more than 97% in two days. Over $500 million in short Ethereum positions got liquidated after the recent bull run. Crypto markets

The post Elon Musk Acquires Twitter, Cryptocurrency Market Cap Rises Above $1 Trillion appeared first on The Merkle News.

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