Price of Bitcoin sinks after Musk says Tesla will no longer accept it

United Kingdom News News

Price of Bitcoin sinks after Musk says Tesla will no longer accept it
United Kingdom Latest News,United Kingdom Headlines
  • 📰 Daily Mail Online
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Price of Bitcoin sinks 15% after Elon Musk says Tesla will no longer accept it as payment

Musk tweeted Wednesday to say the car manufacturer has suspended its use. Purchasing with Bitcoins and other cryptocurrencies requires a lot of electricity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily Mail Online /  🏆 135. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NYC mayoral candidate criticised as out of touch for wildly lowballing price of a house in BrooklynNYC mayoral candidate criticised as out of touch for wildly lowballing price of a house in BrooklynFormer housing secretary causes shock for having wildly out of touch perception of affordable housing market
Read more »

Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel useElon Musk says Tesla will no longer accept bitcoin due to fossil fuel useDigital currency, which is made with an energy-intensive process, falls more than 7% after the tweet
Read more »

How bad are Bitcoin and Dogecoin for the environment?How bad are Bitcoin and Dogecoin for the environment?Elon Musk says Telsa will suspend taking Bitcoin until its mining uses ‘more sustainable energy’
Read more »

Bitcoin crashes as Elon Musk tweets Teslas can’t be bought with cryptoBitcoin crashes as Elon Musk tweets Teslas can’t be bought with cryptoTesla had previously purchased billions of dollars worth of the cryptocurrency
Read more »



Render Time: 2025-03-30 10:08:45