Bitcoin slips below $38,000 as it struggles to retrace losses despite efforts from Musk and Saylor to buoy confidence

Bitcoin slips below $38,000 as it struggles to retrace losses despite efforts from Musk and Saylor to buoy confidence
ilee@insider.com (Isabelle Lee)
Bitcoin struggled to hold onto Monday gains, slipping back below the $38,000-level Tuesday.
The cryptocurrency fell despite Elon Musk tweeting that he'd had discussions with bitcoin miners on Monday about energy efficiency.
Bitcoin was trading at $37,088 as of 9:17 a.m. ET Tuesday.
Bitcoin struggled to hold ontop gains made on Monday, slipping back below the $38,000-level Tuesday despite tweets Tesla chief Elon Musk about having discussions with bitcoin miners on ways to lessen the cryptocurrency's environmental impact.

Related Keywords

China ,Elon Musk ,Michael Saylor ,Pankaj Balani ,Cathie Wood Ark ,Treasury Department ,Delta Exchange ,Bitcoin Mining Council ,Marathon Digital Holdings ,Getty Images Bitcoin ,Getty Images ,Cathie Wood ,Ark Invest ,சீனா ,மைக்கேல் சாய்லோர் ,பங்கஜ் பழனி ,கேத்தி மரம் பேழை ,கருவூலம் துறை ,டெல்டா பரிமாற்றம் ,மராத்தான் டிஜிட்டல் ஹோல்டிங்ஸ் ,கெட்டி படங்கள் பிட்காயின் ,கெட்டி படங்கள் ,கேத்தி மரம் ,பேழை முதலீடு ,