《How Did Musk Shake the Bitcoin Market with a Single Tweet? What Secrets Lie Behind the Truth?》

In 2021, Musk tweeted just three words: 'Doge to the moon!', causing the price of Dogecoin to soar by 200% in a single day. However, another tweet from him, 'Bitcoin's energy consumption is too high', led to a 10% drop in Bitcoin's value within just 24 hours. This raises the question of what Musk's cryptocurrency strategy really is: Is his goal simply support, or does he harbor greater ambitions? Musk's statements and actions have had significant volatility on Bitcoin, especially between 2021 and 2022. We can delve into the changes in Musk's stance on Bitcoin:

Early 2021: Support for Bitcoin

Musk expressed his support for Bitcoin through Twitter and public appearances, including announcing that Tesla had purchased $1.5 billion in Bitcoin. Bitcoin once broke the $60,000 mark, becoming one of the most sought-after digital currencies globally.

May 2021: Sudden Shift

Musk criticized Bitcoin's energy consumption due to environmental concerns and announced that Tesla would no longer accept Bitcoin payments. Following this announcement, Bitcoin's price quickly fell by over 10%.

Reversal: Support for Sustainable Bitcoin

Later, Musk publicly stated that Tesla would resume accepting Bitcoin, but only if the mining process utilized more renewable energy. This statement sparked lively discussions in the market, prompting the Bitcoin community to place greater emphasis on environmentally friendly mining solutions. #纳斯达克100指数宣布纳入微策略 #币安LaunchpoolVANA #VELODROME将上线币安 #puppies这个具备百倍千倍的潜质，马斯克i