Crypto Reacts: Tesla Panic Sells Its Bitcoin, The Internet Explodes | Bitcoinist.com

One thing’s for sure, Tesla’s CEO knows how to generate headlines. The infamous Elon Musk was the talk of the town today, as news of his company selling 75% of their bitcoin hit the wires. The reactions go from clowning Musk to overanalyzing the situation and everything in between.

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New Reason For The Market Crash Revealed: Tesla Sold 75% Of Its Bitcoin In Q2 | Bitcoinist.com

It’s true, Tesla already sold almost a billion dollars in BTC and the market took it like a champ. Of course, the price fell below the previous all-time high for the first time in bitcoin’s history, but there are clear reasons for that.

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