‘Only Doge’—Elon Musk Quietly Signals Crypto Support Amid $4.2 Trillion Bitcoin And Ethereum Price Boom
Elon Musk, the Tesla billionaire who has said he’d be backing bitcoin over the U.S. dollar, has withdrawn from bitcoin and crypto posting since helping to whip up the 2021 bull market.
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The bitcoin price, which crashed back from its 2021 highs before bouncing back following U.S. president Donald Trump’s election victory last year, has this week hit a fresh all-time high above $124,000 per bitcoin—lifting the combined crypto market to over $4.2 trillion as ethereum and other major cryptocurrencies soar (super-charged by Trump dropping a $12.2 trillion bombshell).
Now, as traders pile into crypto in anticipation of a September earthquake, Elon Musk has…