Bitcoin has become a part of the mainstream media. A few years ago, it was odd to tweet about the most famous cryptocurrency publicly. However, during the previous months, a growing number of the world’s most influential figures and companies discuss Bitcoin.
Elon Musk is considered a veteran fan of Bitcoin and the other cryptocurrencies, but the Tesla CEO didn’t dedicate a tweet for Bitcoin for a long time.
Today, at the peak of a calm weekend, Musk tweeted the following:
Bitcoin is my safe word
— Elon Musk (@elonmusk) December 20, 2020
Immediately after Musk’s tweet, Bitcoin’s price spiked almost $200 to $23,800, which was the all-time high set on Thursday.
Twenty minutes later, and Musk tweeted a reply to his original tweet, stating that he was ” Just kidding, who needs a safe word anyway!?”
In January, Bitcoin Wasn’t His Safe Word
Musk’s tweets are known for their vagueness, whether he tweets about TSLA shares too expensive, Dogecoin, or SpaceX.
However, the current tweet is related somehow to Musk’s last time dedicated a tweet to the primary cryptocurrency.
Ten days into the current year of 2020, Musk tweeted that “Bitcoin is not my safe word.” If you had noticed the date today, it is precisely ten days before the end of 2020. Back in January, Bitcoin was trading roughly around $8000. As of writing his second tweet, Bitcoin is trading at $23,800, a day after setting its all-time high level of $24,200.
Did Musk know something about the unbelievable Bitcoin price bull run throughout the past year? As always, Musk’s tweet leaves his 40 million Twitter followers with some question marks.
Featured image courtesy of US-News