Tesla stock dipped almost 7% after word of its Bitcoin purchase first broke, representing about $50 billion drained from its market value.

“Even if the purpose of Ethererum is very different from Bitcoin, cryptocurrencies typically exhibit a high level of co-movement.”

Averaged out, these crypto fraudsters have used fake giveaways to steal $1.36 million in Bitcoin every month since August 2020.

Bitcoin rallied hard on news Tesla bought $1.5 billion worth of the cryptocurrency. But how did yesterday compare to other candles?

Tesla bought $1.5 billion worth of Bitcoin, sending the cryptocurrency’s price well beyond its previous price record.