Crypto News Bulletin from cryptoglobe

Wednesday February 24, 2021 3:16 PM
1 day 7 hours ago

By Buying BTC, Elon Musk Has Created a Positive Correlation Between Bitcoin and Tesla Stock

Daniel Ives, an analyst at Wedbush Securities, has revealed he believes in the short term Tesla’s share price is directly going to be linked to the price of bitcoin, after the electric car marker’s $1.5 billion bitcoin bet. According to CNBC, Ives wrote that as Tesla is “diving into the deep end of the pool […]