Elon Musk denies Tesla sold Bitcoins as cryptocurrency plunges 10% to USD 42,200
Image Credit: shortpedia
Elon Musk, the CEO of technological giant Tesla, rejected claims that the company sold previously purchased bitcoins after being accused of manipulating cryptocurrency markets as Bitcoin took a huge plunge on Monday. Earlier in the day, the price of Bitcoin plummeted by more than 10 per cent to around USD 42,200, erasing more than a third of April historic price.