Elon Musk has triggered epic losses for the crypto complex with his comments earlier:
BTC/USD dropped under $46K at one stage but bounced to back above $50K as I update.
Similar world swings have been seen across other coins.
DOGE for example:
ADVERTISEMENT - CONTINUE READING BELOW
Search investingLive
Bitcoin bounce, back above $50K. Other coins on the bounce also, DOGE back over 42c
ADVERTISEMENT - CONTINUE READING BELOW
Most Popular
- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Every Trader is a Forex Trader
- China PMI data points to export resilience but soft domestic demand remains the weak spot
- USD/JPY ticking higher above 160, no verbal intervention efforts so far today
- US military to present Trump with fresh options for military action
- ICYMI: Central banks buy 244 tons of gold in Q1 at fastest pace in over a year
- China private PMI surges to 52.2 in April, strongest factory reading since late 2020
ADVERTISEMENT - CONTINUE READING BELOW
Best in 2026
Sponsored
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
Telegram Community
Gain Access
SanDisk's 3000% rally may be over. Analysts see a 32% drop as overvaluation risks mount.
24/7 Wall St.
15s ago
Every Trader is a Forex Trader. Every market participant is fundamentally a forex trader, as all major asset classes including gold, oil and crypto are priced in US dollars.
investingLive Exclusive
8m ago
Powell stays at Fed, rates hold steady. Dissent highest since '92. No cuts soon.
AP News
24m ago
China's official manufacturing PMI held at 50.3 in April as export orders returned to growth for the first time since 2024, but the non-manufacturing PMI fell to a 40-month low of 49.4, exposing the weakness in domestic demand.
investingLive Exclusive
30m ago
OpenAI's $20B valuation sparks legal battle; Musk claims betrayal, OpenAI cites IPO plans.
CNN Business
48m ago
L3Harris's missile unit IPO eyed, targeting mid-to-high teens growth. Govt backs with $1B convertible security.
Reuters
52m ago
Twenty One Capital down 31% vs. BTC's 18% drop. Tether proposes merger to add revenue streams beyond crypto.
Bloomberg
55m ago
Telegram Community
Gain Access
Best in 2026
Sponsored
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}