The famous CEO, Elon Musk, tweeted a tweet that will confuse cryptocurrency exchanges in the morning. But what does Musk mean in his post?
The volatility in cryptocurrency markets continues at full speed. As the downtrend continues in almost every unit, including Bitcoin and Ethereum, investors are anxiously trying to decide what to do. Finally, a statement on the subject came from Elon Musk.
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Elon Musk, who often made a name for himself with his Twitter posts, came to the agenda again with his statements. Here is the confusing post made by the billionaire Tesla and SpaceX CEO.
Elon Musk again concerns the cryptocurrency markets with his post about Bitcoin and Altcoins
Famous CEO Elon Musk shared a Tweet around 3 a.m. in which he simply wrote “Cryptonight”. While his post had different meanings in English, theories started to be produced under his post as we are used to.
When we look at Musk’s post as “Crypto night” or “Crypto tonight”, it means “Crypto night” or “Crypto tonight”. On the other hand, another meaning is thought to be talking about a mining algorithm called Cryptonight.
— Elon Musk (@elonmusk) June 15, 2022
While the Twitter post received more than 138 thousand likes, questions about “Will the cryptocurrency exchange come to an end” increased under the post, while most of its users stated that their investments were in Musk’s hands.
— Patel Meet 𝕏 (@mn_google) June 15, 2022
What’s the latest on the cryptocurrency exchange?
Bitcoin fell quickly to $ 22,000, its lowest value in the last 18 months, while Ethereum fell to $ 1100 with a drop of approximately 8.9 percent. Coins such as Cardano (ADA), XRP, SOL, DOGE and SHIB are also down. BTC, which was at the level of 70 thousand dollars in November, is interpreted by experts as the reason for these sharp declines, global developments, inflation, interest rates and the cost of living, while it is not possible to know what awaits us in the future.
What do you think about this issue? Are there any cryptocurrencies you have invested in? We are waiting for your thoughts in the Comments section.