Business & Finance
Bitcoin soars 11% after Elon Musk name check on Twitter
- Musk wrote simply "#bitcoin" in his biography on the social media site.
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LONDON: Bitcoin jumped as much as 11% on Friday, touching its highest for 10 days, with traders citing a move by Tesla Inc chief Elon Musk tagging the cryptocurrency in his Twitter biography.
Musk wrote simply "#bitcoin" in his biography on the social media site. Bitcoin hit as high as $37,060, and was last up 10% at $36,711.