World’s richest man Elon Musk boosts Bitcoin price by 20% — Is $40K back in play? By Cointelegraph

World’s richest man Elon Musk boosts Bitcoin price by 20% — Is $40K back in play?

(BTC) has been correcting since the peak high at $42,000. However, this correction might have ended as a significant momentum shift occurred in recent days.

The GameStop (NYSE:) debacle raised many questions about big parties’ trustworthiness and exchanges, after which more and more people started to claim that decentralization is the future.

XBT/USD 2-hour chart. Source: TradingViewTotal cryptocurrency market cap 1-week candle chart. Source: TradingView 1-week chart. Source: TradingViewXBT/USD 3-hour chart. Source: TradingView

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