The cryptocurrency market was in great anticipation with the survey conducted by Elon Musk on Saturday. Musk’s idea of selling Tesla shares in order to avoid paying taxes by realizing his profits, along with the crypto money market, caused activity in all markets as soon as the stock markets opened. With the opening of the stock market, Tesla shares lost more than 7% in value, while the crypto money market started to rise.
Finally, Ethereum, which saw the level of $ 4,650 on November 3, became one of the record-breaking names of the morning. Ethereum hit an all-time high at $4,737.26 around 6.15am. The cryptocurrency is currently moving sluggishly above the $4,700 level.
Bitcoin also started to rise:
On the other hand, as soon as the stock markets opened on the morning of November 8, the flow of money to cryptocurrencies, of course, also increased the number one cryptocurrency of the market, Bitcoin. The unit, which opened at 03:00 in the morning at 63,200 levels, rose to $ 65,670 a few hours later. Bitcoin is currently circulating at these levels. We will see if Bitcoin continues this activity and sets a new high record.
- This content is not investment advice.
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