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This week in Bitcoin

This Week In Bitcoin is a new segment covering the week’s happenings in the Bitcoin industry, covering all the important news and analysis.

Summary

Although Bitcoin has seen relatively steady gains over the past week, jumping to nearly $40K, it was only a matter of time before Elon Musk started his campaign of Fear, Uncertainty and Doubt (FUD) again, Tweet the breakup meme Coupled with the bitcoin hashtag early Friday morning, the bitcoin price plummeted by as much as 7%. Of course, this was to be expected given that Musk didn’t seem to resist a FUD rollout, as he had previously done with Tesla stock before the Securities and Exchange Commission (SEC) came knocking.





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