Bitcoin investors are currently smiling, this is a result of the surge which occurred after Elon Musk twitter post.
Bitcoin jumped as much as 20% on Friday after Tesla Inc chief Elon Musk tagged the cryptocurrency in his Twitter biography.
Musk’s page on Twitter simply said #bitcoin with no further explanation, but speculation that the world’s richest man might be a Bitcoin investor was enough to set off a dramatic rally.
Prices spiked as much as 20% in a matter of minutes, the biggest intraday move in almost a year.
The billionaire entrepreneur, followed by 43.7 million on Twitter, has a record of making market-moving comments on the site, Elon Musk effects.
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