Summary List Placement
Bitcoin jumped as much as 10% on Wednesday as Elon Musk, Cathie Wood, and Jack Dorsey talked crypto at The B Word conference.
Musk, Wood, and Dorsey all advocated for the cryptocurrency and talked about its future potential.
Bitcoin reclaimed the key support level of $30,000 and traded as high as $32,415 on Wednesday.
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Bitcoin’s surged as much as 10% on Wednesday as Tesla CEO Elon Musk, Square CEO Jack Dorsey, and Ark Invest’s Cathie Wood gathered to talk about cryptocurrencies at The B Word conference.
Musk, Dorsey, and Wood answered a series of questions on cryptocurrencies and addressed a number of pain points associated with bitcoin, including its extreme volatility, intense energy usage, and reliance on fossil fuels and sustainable energy.
The surge higher in bitcoin helped the popular cryptocurrency reclaim a key technical support level at $30,000. As of…