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Ilan Mask raised the price of Bitcoin by 20% by changing his Twitter profile

Ilan Mask raised the price of Bitcoin by 20% by changing his Twitter profile

After Tesla CEO Ilan Musk added the hashtag Bin Quinn to his Twitter biography, the value of Bitcoin jumped $ 5,000 to $ 37,299 within an hour.

At around 3:30 a.m. local time, Ilan Mask added a bitcoin hashtag to his Twitter biography. This seemingly simple hashtag caused a 20% jump in the price of bitcoin شد. This sudden change and jump causes a lot of fluctuations in the market and will significantly increase the stock prices of some companies.

Over the past 24 hours, the value of the Dodge Quinn digital currency has also risen sharply by 800%. Earlier this year, the price of Bitcoin reached its highest point in history, $ 41940, bringing the market value of digital currencies to more than $ 1 trillion. About a week later, it dropped to $ 30,000.

The value of bitcoin more than quadrupled during 2020. This is not the first time that Ilan Mask’s performance has affected market prices.

With the addition of the bitcoin hashtag to Ilan Mask’s Twitter account, various speculations have been raised about this issue. According to some speculations, the CEO of Tesla may want to invest in buying bitcoins or add cryptocurrency to the balance sheet of the electric vehicle development company.

Last month, Ilan Mask tweets with MicroStrategy, CEO of MicroStrategy, made headlines about the temptation to buy bitcoin. Software company MicroStrategy is scheduled to hold an event called “Bitcoin for Companies” next week.

Tesla CEO Ilan Musk became the richest man in the world earlier this month, surpassing Amazon CEO Jeff Bezos.

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