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Bitcoin soars 14 per cent after Elon Musk namecheck on Twitter

By Reuters | 5yrs ago
Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. [Reuters]

Bitcoin jumped as much as 14 per cent on Friday to a two-week high after Tesla Inc chief Elon Musk tagged the cryptocurrency in his Twitter biography.

Musk wrote simply “#bitcoin” in his biography on the social media site. The world’s biggest cryptocurrency was up 10.2 per cent at USD36,901 as of 1005 GMT.

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