Cryptocurrencies: 28616
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Seeking Alpha 2021-01-29 12:23:51

Bitcoin shoots to $37K on boost from Tesla's Elon Musk

"In retrospect, it was inevitable," tweeted Elon Musk about three hours ago as he introduces his new Twitter bio: "#bitcoin" (which incidentally matches what Twitter CEO Jack Dorsey has for a bio).Already on the move higher as yesterday's market shenanigans made clear the bull case for decentralization, Bitcoin (BTC-USD) quickly jumped about $5K to nearly $38K. It's pulled back a bit since, now trading at $36.9K.
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