Home Prices Soar At The Fastest Pace On Record As Affordability Hits All Time Low
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Housing Affordability Dives as Material Costs Skyrocket — RISMedia
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Bitcoin Plummets as Elon Musk Reverses Course on Accepting the Crypto at Tesla
On 5/13/21 at 3:59 PM EDT
Elon Musk s decision to no longer accept Bitcoin to purchase Tesla s electric cars slashed billions from the cryptocurrency s valuation, but won t kill investor interest in the sector, analysts believe.
Bitcoin, the world s leading cryptocurrency, fell to $46,294.72 Thursday after Musk s tweet 28.59% below its record high of $64,829.14. It has since recovered about $4,000, but still remained down for the day.
Elon Musk said Tesla won t accept Bitcoin due to environmental concerns. In this photo, SpaceX owner and Tesla CEO Elon Musk poses on the red carpet of the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany.