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Elon Musk, Twitter, and Cryptocurrency - The Musk Effect

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Tesla TSLA and SpaceX CEO Elon Musk's latest Tweet on July 1 caused Dogecoin prices to surge. The price jumped 4% following the Tweet.

Read. Bitcoin Steadies as Elon Musk Clarifies Tweets; Tesla Holdings in Focus

Musk has a history of impacting the cryptocurrency market, with previous Tweets and company announcements affecting bitcoin and dogecoin prices.

More. Musk Tweets He’s Working on More Efficient Dogecoin Transactions

Editor's note. This video was first published on May 17, 2021. It was updated on July 1, 2021.

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