BITCOIN VALUE FALLS TO USD 50,000

HIGHLIGHTS

• The value of Bitcoin has fallen to US $ 50,000.
• A tweet from Elon Musk resulted into 17% fall in the price.
• Elon Musk is concerned about fossil fuels, especially coal being used increasingly for Bitcoin mining and transactions.

On Thursday, 13 MAY 2021, Bitcoin rebounded to about US $ 50,000 in Asian trading. Before this rebound, Bitcoin had plunged as much a....