Bitcoin Prices
Sink After
Elon Musk Posts
Breakup Meme.
On June 4, Elon Musk posted a meme that appeared to
mourn the end of his relationship with Bitcoin. .
The meme shows a
couple breaking up
along with a broken
heart emoji and a
bitcoin hashtag. .
Hours later, he posted another meme of a
man saying “I miss you” to a graph that seemingly
showed Bitcoin’s recent price increase and plunge. .
Shortly after his tweets, the price of Bitcoin
fell seven percent and hit $36,723. .
Musk’s meme sent other cryptocurrencies falling as well, with Ethereum dropping eight percent to $2,639. .
Dogecoin also tumbled almost
13 percent to 36 cents. .
The Tesla CEO has frequently triggered
significant cryptocurrency price changes,
particularly with Dogecoin and Bitcoin.
In December 2020, Musk sent Dogecoin soaring by nearly
20 percent by obscurely tweeting, “One word: Doge.”.
Bitcoin plunged 12 percent in early May
when Musk announced that Tesla would
no longer accept it as payment