What other currencies fell alongside bitcoin after Elon Musk's announcement

The bitcoin crash also dragged other currencies, despite the good result for the bulls in recent months

Photo: Photo by David McBee at Pexels / Pexels

After Elon Musk, CEO of Tesla, finally realized or accepted to assume that Bitcoin mining and transactions are not “friendly” with the planet, and as a consequence announced the suspension of payments with bitcoins in the purchase of a Tesla vehicle, as expected hours later, bitcoin collapsed, but others were brought to the moat.

On 24 hours bitcoin plummeted by up to 12%, according to Coindesk data, at the time of writing this note it was below the 50, 000. From here, a great loss of ground seems to be starting with the rest of the cryptocurrencies.

For its part, Ethereum, which had gained popularity with the rise of NFTs or non-fungible tokens, has fallen % on the last 24 hours. After having managed to overcome the barrier of All 4, 000 dollars per currency and even reach 4, 300 dollars, today almost at the close of the day it was at 3 , 793. CNN Bussines review with a source from CoinMarketCap.

However, there is still hope that by the end of the year Ethereum skyrockets until 10, 000 dollars if it succeeds in employing greener mining and transaction technology.

Meanwhile, the meme currency or also called that of the puppy, the dogecoin after reaching its historical maximum, very close to the dollar, now falls almost a 24% and today it was trading 0. 48 pennies . and that he had managed to recover from the fall of the weekend, also thanks to Elon Musk. Although it continues to mark in the position of the first 4 most quoted cryptocurrencies.

The truth is that both bullish and bearish remain in the battle Ethereum, dogecoin and bitcoin, they have definitely been trending this week, they were on our list of cryptocurrencies that are on our list of himself. you had to watch this week.