Elon Musk’s reaction to Bitcoin El Salvador President: details

Featured in:
abcd

U.Today – Tech billionaire and serial entrepreneur Elon Musk reacted to a recent tweet by El Salvador President Nayib Bukele, in which he shared the latest statistics about El Salvador and mentioned , which has been the country’s only official currency for several years.

Musk’s Reaction to Bitcoin-Based Data: ‘Extremely Impressive’

The president of El Salvador released the latest statistics on El Salvador, but did not mention the period for which they were intended. These indicators included a decline in criminal activity, food prices, country risk, tax rates, government spending and a decline in migration rates. The last two are the main issues on which Musk has shown deep concern regarding the United States. According to the tweet, El Salvador’s economy, tourism, energy production and many other indicators are growing.

One of them is also Bitcoin, which is marked with an up arrow, which probably means either the amount of BTC accumulated by a given country or the value of BTC held. Or it could be both.

sadasda

Elon Musk responded to this tweet, stating that these achievements were “extremely impressive.”

Bitcoin soared to regain the price level of $71,000 for the first time in many months. While El Salvador continues to accumulate BTC, other immense entities, including governments, are selling. This morning, the @lookonchain analytics account reported that the Royal Government of Bhutan had deposited 292 BTC on the Binance exchange. This amount of Bitcoin is valued at approximately $66.16 million.

Elon Musk teases Grok’s AI breakthrough

Today, Elon Musk on his X account urged the community to test the Grok AI bot to see if it can analyze medical images such as X-rays, PET, MRI or others.

Musk cautioned that the feature is still in its early stages, but “it’s already quite accurate and will get exceptionally good.” He asked X users to send him feedback in the comments to say where Grok is doing it right or if it needs improvement.

Immediately, user X shared the results of Grok analyzing the blood test. He wrote: “This appears to be accurate based on the blood test results.” Musk replied: “Great.”

This article was originally published on U.Today

abcd
sadasda

Find us on

Latest articles

Related articles

See more articles

A Chinese microchip company says it now accepts Bitcoin...

Shares of Chinese cryptocurrency mining chip designer Nano Labs rose slightly after announcing that it now accepts...

Dogecoin up to $23? This pattern may suggest so

The analyst pointed out the historical pattern of Dogecoin, which may suggest that DOGE can expect increases...

Bitcoin hits all-time high as Trump’s election stirs cryptocurrency...

Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) - Bitcoin rose to a record high above...

Investors Believe Crypto Markets Will Peak in H2 2025:...

Investors expect the cryptocurrency's growth to continue in 2025 and peak in the second half of the...

Bitcoin Price Signals Bullish Continuation as SuperTrend Rise, Here’s...

This article is also available in Spanish. Bitcoin's price trajectory since the beginning of November has been nothing...

Polymer introduces real-time interoperability for Ethereum bulkpacks

New York, New York, November 11, 2024, Chainwire Polymer Labs has officially launched Polymer Hub, a real-time...