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Elon musk relation with crypto currency? Impact market why ?

Elon Musk, CEO of Tesla and SpaceX, has had a notable impact on the cryptocurrency market.

- His tweets and endorsements regarding cryptocurrencies like Bitcoin and Dogecoin have influenced their prices.

- Musk's announcement of Tesla accepting Bitcoin as payment boosted its price.

- Concerns expressed by Musk about Bitcoin's environmental impact led to market volatility.

- Musk's support for Dogecoin has attracted attention and affected its price.

-His public statements and actions can influence market sentiment and attract media coverage.

- It's important to consider multiple factors and exercise caution when making investment decisions in response to Musk's statements.