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Bitcoin slides 5% after Elon Musk hints at a potential split with the popular cryptocurrency in a tweet with a broken-heart emoji

Mount Equity Group Tokyo, Japan > News > Markets > Bitcoin slides 5% after Elon Musk hints at a potential split with the popular cryptocurrency in a tweet with a broken-heart emoji

Bitcoin slipped 5% on Friday after Elon Musk signaled a potential breakup with the digital asset by posting a broken-heart emoji and a reference to a popular “Linkin Park” song.

The token was just recovering from a broader cryptocurrency crash last month in the wake of increased regulatory scrutiny from China. After appearing to be in calm waters, the coin fell 5% to around $36,600 on Friday once Musk tweeted “#Bitcoin” along with a broken-heart and an image of a couple contemplating a break-up. His tweet came three weeks after Tesla halted payments in the digital asset.

He then tweeted a comic strip thread of a couple discussing how they’re yearning for each other. Musk also replied “nice” to a GIF image of meme-based cryptocurrency dogecoin posted by crypto exchange Coinbase.

It is unclear what Musk meant to convey, if anything.

The billionaire’s tweets have often seemed to influence the cryptocurrency’s price movement as he has been one of the most prolific backers of its decentralized technology. In recent days, however, Musk has taken a more controversial