TSLA - Wall Street Breakfast: Musk Keeps Roiling Crypto
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Musk keeps roiling cryptoCryptocurrency is still under pressure this morning following tweets from Tesla (TSLA) CEO Elon Musk that rattled the market over the weekend. Bitcoin (BTC-USD) is down 8% to about $45,000, but it's off its lows today of just below $43,000. Ethereum (ETH-USD) is off 9% to around $3,500, with earlier lows nearing $3,100. Dogecoin (DOGE-USD) is down 5.5% to about $0.59, having hit $0.45 earlier. "To clarify speculation, Tesla has not sold any Bitcoin," Musk tweeted just before 2 a.m. ET. A Twitter war broke out over the weekend between Musk and bitcoin fans, with Musk suggesting Sunday that Tesla has already or intends to unload its $1.5B in bitcoin holdings.Musk was "taking on all comers on Twitter over the weekend and caused
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Wall Street Breakfast: Musk Keeps Roiling Crypto