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BCH $629.16 (-0.0%)
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Musk Relation on Bitcoin Turns Sour, Celebs Still Roots for Higher BTC

Musk Relation on Bitcoin Turns Sour, Celebs Still Roots for Higher BTC
  • Elon Musk’s relation with Bitcoin has turned sour recently.
  • While many celebrities still root for higher BTC.
  • There could be an ever-growing list of celebs advocating for Bitcoin.

Many celebrities have shown huge interest in the world’s leading cryptocurrency Bitcoin (BTC) in the past few years. Despite this, one of the influencers of cryptocurrency, Elon Musk’s relation to BTC has started to turn sour.

Moreover, Musk’s complaints about Bitcoin’s (BTC) energy consumption lead to a severe market crash in May. In addition, the billionaire makes a point to continuously troll the crypto on Twitter, affecting the crypto price with each meme.

Notably, BTC shows great performance this year. However, BTC price reached a new all-time high of $64,863 before falling down to $30,000. According to CoinGecko, the BTC price is at $36,219.56 with a 24-hour trading volume of $29,147,693,781, at the time of writing.

BTCUSDT Price Chart
BTC/USDT Price Chart (Source: TradingView)

Increasing Celebrity Endorsement on Bitcoin

There could be an ever-growing list of celebs advocating for Bitcoin. More so, the Bitcoin 2021 conference in Miami could see huge celebrity endorsements, with skateboarder Tony Hawk and boxer Floyd Mayweather coming to discuss the gospel of Bitcoin.

Added to this, Twitter CEO Jack Dorsey will host a panel at the convention. Even more, Libertarian and former Congressman Ron Pauls, also Wyoming Senator Cynthia Lummis, are the political figureheads who stay bullish about Bitcoin.

For instance, Paris Hilton is one of the earliest celebrity currency adopters passing all-in in 2016. Currently, her efforts are mainly focused on her many diverse ventures into non-fungible tokens.

Few celebrities who look like a Dogecoin influencer started as Bitcoin fans or have stakes in both. Furthermore, one of the biggest Dogecoin celebrities, Mark Cuban, has been interested in Bitcoin. Snoop Dogg, who posts tweets saying to himself as ‘Snoop Doge’, sold out one of his albums for BTC as far back as 2013.

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Crypto trading has enticed Ananthi Reeta to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.