Bitcoin price fell below $30,000 this week on Monday and this also led to a drop to Ethereum price which showed a coupling trend.
However, both Bitcoin and Ethereum prices bounced back yesterday (21 July) as Bitcoin Advocates showed their supporting views on cryptocurrencies at The B Word Conference.
Elon Musk says that it is possible for Tesla to re-accept Bitcoin as one of the payment methods and this comment has then shown influence on both Bitcoin and Ethereum prices and was up to about 8% on Bitcoin and 12% on Ethereum.
Cathie Wood says that it is still an opportunity to buy Bitcoin at a low price despite there is a global regulatory tightening.
Though Jack Dorsey continues to raise environmental pollution issues with cryptocurrencies, he claims that Bitcoin is still an attractive investment.
Ethereum price rises after Elon Musk confirms he owns the cryptocurrency
The price of ethereum rose Wednesday afternoon after Tesla and SpaceX CEO Elon Musk said he owns the cryptocurrency at…
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