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Elon Musk: Bitcoin Will Make It – Bitcoin Magazine

Elon Musk, the newly appointed CEO of Twitter, mentioned “BTC will make it, but might be a long winter,” on Twitter early Monday morning.

The remark follows latest cataclysmic occasions which led to an implosion of the cryptocurrency ecosystem. However, this “crypto winter”, because it’s typically referred to, has been slowly getting worse amid each institutional failure within the ecosystem and adjustments in international monetary circumstances.

Musk’s reply was made in reference to a remark recounting BTC’s earlier excessive of $69,000 which requested the place the worth of bitcoin could be a 12 months from now. Indeed, the worth of BTC has drastically fallen, as has belief within the broader business.


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