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Elon Musk Changed His Twitter Bio To Bitcoin And Its Value Skyrocketed By Almost 20%

Elon Musk Changed His Twitter Bio To Bitcoin And Its Value Skyrocketed By Almost 20%

Elon Musk has sent the price of bitcoin skyrocketing, with just a few simple clicks of a button.

Earlier today the Tesla founder, who has been a longstanding advocate for cryptocurrencies, changed his twitter biography to simply read ‘#bitcoin,’ causing an almost 20% increase in the virtual coin’s value.

The news comes after Musk caused a similar spike in bitcoin’s value after saying last month that he would never turn down being paid in the cryptocurrency, and speculated that he could add bitcoin to Tesla’s balance sheet.

Musk also tweeted ‘In retrospect, it was inevitable,’ after spending most of yesterday promoting other stocks like dogecoin, shopify and etsy.

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