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This week in Bitcoin

This Week In Bitcoin is a new segment that covers the events of the week that occurred in the Bitcoin industry, covering all the important news and analysis.

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Although bitcoin posted relatively steady gains over the past week, climbing to nearly $ 40,000, it was only a matter of time before Elon Musk began his campaign of fear, uncertainty, and doubt (FUD) again. tweeting a breakup meme along with the Bitcoin hashtag early Friday morning, which caused the price of bitcoin to drop as much as 7%. Of course, this was to be expected, as Musk seems not to be reluctant to spread the word about FUD, as he had previously done with Tesla shares before the Securities and Exchange Commission (SEC). came calling.

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