Bitcoin Prices Slowly Rise After Elon Musk Tweets On Twitter
JAKARTA – The price of Bitcoin (BTC) has risen again after its price slumped sharply in the past few days. The price of Bitcoin is currently in the price range of IDR 548 million as reported by CoinGecko, May 25.
The rise in the price of Bitcoin was caused by Elon Musk's tweet via his official Twitter account recently. Musk said he had already held talks with Bitcoin miners in North America.
The miners reportedly immediately published their plans to switch to environmentally friendly energy when conducting BTC mining activities, as reported by CNBC International.
"Have spoken to Bitcoin miners in North America. They are committed to publishing plans for the use of renewable energy and are asking miners around the world to do the same. Potentially promising", the Tesla boss said.
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When Musk uploaded the tweet, the price of BTC again rose to the level of $ 39,500 US (equivalent to IDR 564 million). Elon Musk's tweet was reinforced by MicroStrategy boss Michael Saylor who said he had met with Elon Musk to discuss the Bitcoin Mining Council (BMC).
The plan is that the council will direct miners to use renewable energy. This is a positive sentiment that contributes to the push up of the price of Bitcoin.
Previously, Musk had announced to stop the use of Bitcoin cryptocurrency for tesla car purchases. The announcement caused the price of BTC to plummet.
With the establishment of the board, Musk and Saylor as well as miners from the North American region are expected to reinvigorate the falling price of Bitcoin.