Bitcoin bounces back after new statements from Elon Musk

Bitcoin has just passed $ 30,000. Why ? Because Elon Musk said yesterday at the ₿ World conference that Tesla was ” very susceptible »To resume accepting it as a means of payment.

Elon Musk Bitcoin
© Cryptoast

Elon Musk continues to rain and shine on the crypto price. During an exchange organized on the theme of Bitcoin and cryptos (the conference ₿ World, which took place on July 21), Elon Musk found himself alongside Jack Dorsey, CEO of Square and Twitter as well as Cathie Wood, founder of AERK Invest. Asked about Tesla and BTC, the boss of the Palo Alto firm replied that Tesla was ” very susceptible »To start accepting crypto again as a means of payment.

Bitcoin’s price is on the rise

To put things in context, last May Elon Musk, CEO of the Tesla automotive group, announced that the company would no longer accept bitcoin for the sales of its cars. Elon Musk then cracked a tweet explaining that he was considering authorizing payments at Tesla with Dogecoin, causing the crypto price to soar.

Indeed, Musk had raised concerns about the environmental impact of mining Bitcoin, which uses huge amounts of electricity. Following Elon Musk’s announcement, Bitcoin was gone approximately $ 54,500 to $ 48,000 in just two hours. Since then, the price has remained unstable.

See also: Bitcoin: Its ban in China has made mining easier for the rest of the world

« The answer is most likely that Tesla will start accepting Bitcoin again. Musk said in the middle of the conference. ” I just want to make sure that the percentage of renewable energy use is most likely equal to or greater than 50% and that there is a tendency for that number to increase, and if it does, Tesla will start over. to accept Bitcoin ” he added.

He also responded to claims that he was instrumental in artificially increase the price of cryptocurrencies, before reselling them. ” I could Pump, but I don’t Dump. I certainly don’t believe in increasing the price and the sale. I would like to see Bitcoin succeed »He concluded.

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