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Bitcoin surged above $39,000 after Elon Musk announced that Tesla Inc. would resume cryptocurrency transactions when miners use clean energy. Elon Musk Tesla's chief executive officer tweeted saying, "This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market. When there’s confirmation of reasonable (~50%) clean energy usage by miners with the positive future trend, Tesla will resume allowing Bitcoin transactions."
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— Cointelegraph (@Cointelegraph) June 13, 2021
Elon Musk is catching flak again, but what's it for this time? Sygnia CEO Magda Wierzycka lambasted him saying “What we have seen with Bitcoin is price manipulation by one very powerful and influential individual." https://t.co/W5WYgGnKPR