The most popular cryptocurrency, bitcoin (BTC), recovered some of its sharp losses, fueled by Tesla’s supremo Elon Musk as the car manufacturer said it has suspended vehicle purchases using BTC and is looking at other cryptoassets.
BTC plunged from almost USD 55,000 to USD 47,600, before recovering higher again and fluctuating around USD 50,000. At 03:36 UTC, it trades

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