Musk tweet dents bitcoin, but weekly gain in prospect

Bitcoin slipped greater than 3% on Friday after Tesla boss Elon Musk fired off a tweet hinting at a breakup with the cryptocurrency, although it stays on track for its finest weekly gain in a few month because it tries to get better from May’s crash.

Bitcoin was final down about 3.6% at $37,809. Musk tweeted “#Bitcoin” and a heartbreak emoji above a meme showing to point out a pair discussing their breakup. Bitcoin is up 6.3% this week.

Musk has been a serious promoter of cryptocurrencies but has turned important of bitcoin since suspending Tesla plans to take it in fee for automobiles owing to considerations about its power use.

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