Musk Wants To Bring Change In The Issue Of ‘Mining’, This Is What Happened To Crypto Today! - Kakiforex.com - Financial Market Media No. 1 in the World Musk Wants To Bring Change In The Issue Of ‘Mining’, This Is What Happened To Crypto Today! Musk Wants To Bring Change In The Issue Of ‘Mining’, This Is What Happened To Crypto Today!

May 26, 2021

Musk Wants To Bring Change In The Issue Of ‘Mining’, This Is What Happened To Crypto Today!

 The price of bitcoin today has performed better on the previous day with approaching the price of Bitcoin (BTC) soaring to the $ 40,000 level once again after Tesla CEO Elon Musk uploaded a tweet that he is having active discussions with bitcoin miners on sustainability issues environment.


On Tuesday, BTC finally broke the $ 37,000 resistance level and finally jumped to the $ 39,000 level before dropping below the $ 37,000 level again.


The price of Ethereum has risen about 7% to $ 2,453.48 in the last 24 hours, while dogecoin has shown an increase of almost 3% to 33 cents per unit of DOGE.


Spoke with North American Bitcoin miners. They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising.


- Elon Musk (@elonmusk) May 24, 2021



Musk has uploaded a tweet stating that, “Just finished discussions with Bitcoin miners. They are committed to publishing renewable uses and ask miners to comply ”.


BTC showed a 4% price increase following the report before making a decline to the $ 38,000 price level.


On the other hand, Microstrategy CEO Michael Saylor made the statement that the discussion program was organized by him which brought together the CEO of Tesla and several Bitcoin miners, which eventually led to the formation of the Bitcoin Mining Council, which will promote environmental sustainability.


At the time of writing the BTC price is currently trading at the $ 37,940.36 price level. Bitcoin is still trading sideways, however if it falls below the $ 36,000 price level then there is the potential that it will continue to fall to the next support level.