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Did SpaceX FUD cause a bitcoin panic sell off?
After The Wall Street Journal reported that Elon Musk’s space explorations company SpaceX wrote down the value of bitcoin on its books by $373 million in 2021 and 2022, the BTC price fell by almost 9%. Perspective: Critics have pointed out that The Wall Street Journal’s claims about SpaceX’s bitcoin holdings are unsubstantiated and raised questions about why they were included in the broader report about the company’s finances. More details: After a significant period of relative price stability, the bitcoin price plunged by 9% in 24 hours, falling to about $25,000, and the wider cryptocurrency market lost ... (full story)