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ern tden pro bitcoin. Its price has fallen by 13 percent, it is at its lowest value since Business

Londn / Singapur Bitcoin is the worst week since the burrow, its price fell by about 13 percent and settled around $ 50,000 (1.05 million K). The price of the world’s most cryptocurrency is influenced by tweets from Tesla founder Elon Muska, who announced this week that his company will not accept bitcoin payments. However, the price of cryptocurrency dogecoin, which was written by more than 30 percent in birds alone, rose sharply. Even in this case, she was influenced by Musk.


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Bitcoin reached a record $ 65,000 in April, but has since lost more than 20 percent of its value. Great loss of pipad this week. In the afternoon, the price was around $ 50,680 and has grown by two percent in the last 24 hours.

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Kryptomn’s markets react to Musk’s tweets often and for a long time. When Tesla changed the digital currency dogecoin, which was originally created only from the recession, the result was a 100-fold increase in the exchange rate only from the end of January this year. This week, Musk has cut the price of bitcoin for a change, announcing that Tesla will not accept bitcoins as payment for its electric cars. She started with the darkness only less than two months ago. Musk now decided to justify the fact that the so-called tb bitcoin consumes huge amounts of energy, which Tesla does not want to support. Especially when it comes to energy from fossil fuels such as coal.

Markets close to the maximum looking for an excuse to breathe, said Ben Sebley’s recent record for BCB Group, which deals with cryptocurrency transactions, has fallen in price for bitcoin. People who invest long-term are not very interested in Elon’s tweets. Only quick pensions respond to them, he added.

The price of cryptoccal dogecoin, after Musk’s latest tweet, strengthened by about a quarter and in the afternoon was around 0.5283 USD. In the last 24 hours, it has shown a growth of 31 percent. Even so, it is significantly lost against last week’s record, when it rose above 0.74 USD.

We are working with cryptographic dodge developers to improve the efficiency of system transactions. It looks promising, Musk wrote on Twitter. Last week, he announced the cryptocurrency as a hoax, and his price was sharply reduced. However, it is not clear whether Musk now refers to energy efficiency, ease of use and sustainability as me, Mark Humphery-Jenner, associate professor of finance at the University of New Jin Wales.

Dogecoin consumes 0.12 kilowatt hours of electricity per transaction, while bitcoin is 707 kilowatt hours, Reuters reported, referring to TRG data center providers. Dogecoin, which has in its emblem the head of a dog of the Japanese breed only-other, has grown significantly this year. According to the CoinMarketCap website, it thus became the fourth largest cryptocurrency with a total value of around $ 68 billion (1.4 trillion K).

But I accept Dogecoin as a payment only a handful of these companies, first because it is not so much born. On the other hand, behind the increase in the price of bitcoin, this year its main year is born as an alternative to payment. Due to its limited supply, however, some people use this cryptocurrency as an alternative to gold, when they want to save pensions in the hope that they will not lose value.

Dogecoin is a lesson in vtho fool theory, said analyst David Kimberley of the Freetrade investment app. The theory of vtho fool assumed that buying pedraen assets would pinet profit if there is a jet vt fool who will be willing to buy them.

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