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Bitcoin’s turn: Elon Musk updated his Twitter bio and triggered a surge in the crypto

Twitter boss Jack Dorsey, Reddit co-founder Alexis Ohanian and crypto trader Scott Melker also jumped on the bandwagon

By

Penny Sukhraj

SpaceX owner and Tesla CEO Elon Musk updated his Twitter bio, to simply say, '#Bitcoin' at the end of a week thats seen battered stocks like GameStop surge over 1,600%, driven en-masse by retail online retail investors
SpaceX owner and Tesla CEO Elon Musk updated his Twitter bio, to simply say, '#Bitcoin' at the end of a week thats seen battered stocks like GameStop surge over 1,600%, driven en-masse by retail online retail investors Photo: Getty Images

Elon Musk’s decision to update his Twitter bio to simply say the word “#bitcoin” has sent the cryptocurrency surging.

Later on 29 January, Musk said in a tweet that “‘in retrospect, it was inevitable”.

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