So last week Elon famously came out & said Bitcoin will no longer be accepted when purchasing a Tesla, due to it’s high level of energy consumption ergo: bad for the environment. What a load of tosh! Some of the biggest Bitcoin farms are powered by 100% Hydro/electric, for starters! They exist in China & Russia. His statement aside from being incorrect is odd considering he recently bought $1.5 billion worth at approx $32,000 USD. It’s come off it’s all time high of $64,000 USD down to $45,000 USD (at time of writing 8pm 18th May 21) which makes no sense since Bitcoin uses just 0.25% of global energy! Approx 30% of ALL energy produced every year, is literally thrown in the bin! A classic case of virtue signaling & no doubt profit taking! Well played Elon, well played! It really shouldn’t come as too much of a surprise, given the last 12 months! That said, when will Bitcoin bottom out? Below is the latest Cryto market news from the biggest channel