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Bitcoin continues downward slide

Bitcoin’s vulnerability to statements and tweets by Elon Musk must worry investors.

Elon Musk speaks during the Satellite 2020 event at the Washington Convention Centre. Picture: AFP
Elon Musk speaks during the Satellite 2020 event at the Washington Convention Centre. Picture: AFP

Hello and welcome to The Download, The Australian’s technology blog for the latest tech news.

The volatility of cryptocurrencies must worry investors at the best of times but its vulnerability to the utterances of one man is a problem in its own right.

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Original URL: https://www.theaustralian.com.au/business/technology/bitcoin-continues-downward-slide/live-coverage/418a5ada3e5a18a0fb8d20472b929c78