Published 14 May 2021 at 08.50
Economics. The cryptocurrency bitcoin continues to fall in value after Tesla founder Elon Musk's move on Thursday.
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In a message on Twitter, Musk wrote that he recalls previous promises that car buyers will be able to pay for a Tesla in bitcoin, and referred to the cryptocurrency's environmental impact.
The move made bitcoin fast fall in value by 10 percent and on Friday the currency traded at $ 49,000.
It is the lowest rate since February 29, 2021.