Elon Musk, the CEO of SpaceX and Tesla, reaffirmed his involvement in the cryptocurrency world, igniting lively discussions within the community.
Elon Musk's Involvement in Cryptocurrencies
During a discussion on X Spaces, Elon Musk revealed that he still owns Dogecoin and his company SpaceX owns Bitcoin. This statement comes amidst expectations for these assets to rise and for Bitcoin to potentially surpass the $100,000 mark.
Musk's Support for DOGE
Musk has long been an advocate of Dogecoin and is known for affecting its price through his endorsements. Recently, he defended Dogecoin's inflation model, calling it "a feature, not a bug," in response to Billy Markus, the co-creator of Dogecoin.
Impact of Musk's Comments on Bitcoin
Musk's comments about SpaceX retaining its Bitcoin holdings could potentially drive growth in the market and attract other institutional investors. Currently, Bitcoin is trading at $92,049, up over 1% in the last 24 hours.
Elon Musk's statements continue to significantly influence the cryptocurrency market, and his recent remarks have further spurred interest from the community.
