FX.co ★ Supporters of BTC issue veiled warning to Elon Musk

According to the data from Daily Mail, Anonymous, a hacker group, has issued a warning to Elon Musk, CEO of Tesla and SpaceX. Extremely strong influence of Musk’s tweets on bitcoin became the key reason for the confrontation. Notably, the recent posts published by Elon Musk in Twitter were disdainful concerning users who invest in BTC.

Hacker group Anonymous, who declared themselves as the “legion”, pointed to an extremely negative effect of Musk’s announcements on BTC price. “Hardworking people have their dreams liquidated over your public temper tantrums,” representatives of the notorious hacker group said.

Notably, on Friday, June 4, bitcoin slumped by more than $1,000 after Elon Musk’s tweet about the first cryptocurrency. Bitcoin has repeatedly lost some value amid the entrepreneur’s words. Last month, the CEO of Tesla emphasized that his company was ready to sell its crypto assets worth $1.5 billion.

Currency strategists at Wall Street suppose that Elon Musk’s announcements mislead investors in the crypto assets and cause excessive volatility of Tesla shares. In May 2021, the billionaire suspended the sale of electric cars for bitcoins, explaining that BTC mining came at a "great cost to the environment."