Around $500 million worth of positions were liquidated within hours as the Tesla news caused Bitcoin to spike over $46,000.
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Around $500 million worth of positions were liquidated within hours as the Tesla news caused Bitcoin to spike over $46,000.
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Elon Musk has pushed Bitcoin’s social sentiment into new highs on Twitter.
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Strong institutional demand has propelled Bitcoin and many altcoins to new all-time highs.
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Tesla is now able to hold Bitcoin in reserves, thus accepting Bitcoin as payment for its cars without necessarily converting it.
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Bill Miller is set to increase his Bitcoin exposure by plowing 15% of one of his portfolios to buy Grayscale BitcoinTrust shares.
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Elon Musk continues pumping DOGE while Ricardo Salinas Pliego sticks to Bitcoin.
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