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Odds on bitcoin tanking to $10k lessen, despite Tesla block

Billionaire's comments can't take the shine off predictions for the cryptocurrency

Tesla boss Elon Musk cited the environmental impact of mining bitcoin as a concern
Tesla boss Elon Musk cited the environmental impact of mining bitcoin as a concern Photo: Getty Images

Bitcoin is now less likely to fall below $10,000 than it was earlier this week, despite a move by Tesla boss Elon Musk to stop accepting the cryptocurrency as payment for the company's products.

Bitcoin’s chances of sinking below $10,000 by the end of 2021 were at 21% as of 10:30am BST on 13 May, according to an analysis of betting odds from online trader Unikrn by Financial News.

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