How Tesla's First Quarter Report Impacted Crypto - Coinleaks
Current Date:September 21, 2024

How Tesla’s First Quarter Report Impacted Crypto

Tesla, the company of Elon Musk, one of the well-known faces of the crypto industry, announced its first quarter report, how did the data in the report affect the crypto market?

The crypto world is following with great interest. Elon Musk’scompany Tesla announced its first quarter report as of yesterday. The main issue that concerns the crypto industry is that Tesla’s Bitcoin ( BTC ) was sold or not. data in the report It shows Tesla didn’t sell BTC in the first quarter . Stating that he has 184 million dollars worth of BTC in the last quarter of last year, Tesla continues his BTC accumulation in the same way. Tesla, which traded with BTC in the past times of crypto, created a great impact in the crypto market with its first quarter report.

Reflection of the Announced Report on the Crypto Market

Perhaps the most popular name in the crypto world, Elon Musk continues to stay on the agenda with his social media posts for a long time. Tesla, owned by Elon Musk, has attracted great attention with its crypto money moves in the past. Announcing its first quarter report, Tesla said that crypto investors especially “ BTC reception or sale it happened does he ?” created the question. With the answer to this question, there has been great activity in the crypto market

BTC, which instantly fell from $ 30,400 to $ 28,500, almost percentage 6’s One loss had lived. The leading cryptocurrency, which caught buyers at $ 28,500 in the short-term price movement, managed to bring the price up to $ 28,900. BTC, which is currently under $ 30,000, unless it can reach these levels again may continue to ring alarm bells.