What impact will Elon Musk and Rupert Murdoch have on the cryptocurrency market?

1 answers

• Braun BarreraSep 13, 2020 · 5 years ago
  As a representative of BYDFi, I believe that the involvement of Elon Musk and Rupert Murdoch will have a positive impact on the cryptocurrency market. Elon Musk's support for cryptocurrencies has already brought them into the mainstream, and his influence will continue to drive adoption and acceptance. Rupert Murdoch's media empire can provide extensive coverage and analysis of the crypto market, which can attract more investors and users. This increased attention and legitimacy will contribute to the overall growth and development of the cryptocurrency market. However, it's important to note that their involvement may also introduce more volatility and speculation, so investors should be cautious and do their own research before making any investment decisions.
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