Cryptocurrencies Bitcoin and Ethereum plunged today while gold held steady.
The fact that Elon Musk shot his mouth off and cryptos took a massive beating points to the fragility of speculative assets.
Bitcoin value plunged after Tesla CEO Elon Musk on Wednesday said that his electric-car company will discontinue accepting the cryptocurrency as a form of payment due to environmental concerns.
Elon Muscatel?
The Dow tanked as well.
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