Elon Musk continued to whipsaw the price of Bitcoin, briefly sending it to the lowest since February after implying in a Twitter exchange on May 16 that Tesla may sell or has sold its cryptocurrency holdings.

Bitcoin slid below US$45,000 for the first time in almost three months after the billionaire owner of the electric-car maker seemed to agree with a Twitter post that said Tesla should divest what at one point was a US$1.5 billion stake in the largest cryptocurrency. 

See: Crypto comes to S&P 500 via Tesla’s US$1.5 bil Bitcoin bet

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