Bitcoin prices slipped more than 3% to around $37,809 on Friday after a cryptic tweet from Elon Musk hinting at a potential split with the largest cryptocurrency, the latest post from the billionaire to buffet the token’s price.
The decline dented a stabilization in the largest virtual currency and the crypto sector in general this week after a rout in May. Though it remains on course for its best weekly gain in about a month as it tries to recover from May’s crash.
In his latest tweet, Musk wrote “#Bitcoin” with a broken heart emoji.
Musk has roiled Bitcoin prices with his social media messages, including a decision to suspend payments using the token to Tesla Inc. over environmental concerns.
(With inputs from agencies)
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