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Bitcoin Surges to Nearly $40,000 Following Musk’s Twitter Post

On May 24, Bitcoin experienced its largest intraday increases of the year, recovering from the selling pressure over the weekend. This occurred subsequent to a tweet by Elon Musk, in which he hinted at a potential resolution to the environmental issues associated with cryptocurrencies. Su Keenan of Bloomberg provides the details on “Bloomberg Daybreak: Asia.”

Credit: YouTube/Bloomberg Television

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