The impact that someone like Elon Musk has when posting any type of message on Twitter is increasingly spectacular. Already in the past, it had demonstrated its power and influence by supporting cryptocurrencies like dogecoin, and now it has done something similar with bitcoin.
In fact, Musk has not even published any message: he has only changed his ‘bio’ or brief account description on Twitter, which now only has the text ” #bitcoin ” with which he seems to show his support for this cryptocurrency. The effect has been immediate and mind-boggling because in a single hour the value of a bitcoin has increased by $ 5,000.
It’s talking Musk and raise the bread (and dogecoins, and bitcoins…)
The value of bitcoin has risen significantly in recent months, but in recent weeks there had been some stability: after peaking and surpassing $ 40,000 briefly, bitcoins fell significantly to the barrier of 31,000 and then recover some of the terrain in recent days.
Before Musk did anything, the value of bitcoin was roughly $ 32,200. By changing his ‘bio’ on Twitter and putting “#bitcoin” the purchase fever was unleashed and in just one hour that value has increased $ 5,000 to $ 37,400.
That rise once again makes two things clear: one, the volatility of a cryptocurrency that gives vertigo. Two, the influence that Musk exerts not only on his followers on social networks (he has 43.7 million of them on Twitter) but on media and industries that makes them wobble in less than 280 characters.
This impact of ‘influencers’ is in fact beginning to be the subject of much controversy, and has ended up putting in check the platforms and social networks that today are absolute references when it comes to informing us.
The recent vetoes of Trump by Facebook or Twitter – which also recently suspended the VOX account – and phenomena such as the one that happened these days with r/WallStreetBets (also driven by Musk) demonstrate a disturbing turn of events in which these people demonstrate a power that previously only the big media or big companies had.