Memes Flood Twitter As Bitcoin's Downward Spiral Continues

Twitter users are having a field day creating and sharing memes on Bitcoin.Bitcoin fell to around $40,000 (roughly Rs. 29 lakh) on Wednesday, extending its losses that began with Elon Musk’s back-and-forth remarks on the world’s largest digital currency over the past week. The Tesla CEO first raised concerns over the rapidly increasing use of fossil fuels for mining and transaction of Bitcoin, saying his electric vehicle-making company will no longer accept payments in the digital currency. Then his tweet caused confusion whether Tesla was dumping its Bitcoin holdings.Bitcoin was trading at $39,976 at the time of writing this report, the lowest it has been since Musk’s big embrace in February, when Tesla revealed it had bought $1.5 billion (roughly Rs. 10,974 crore) worth of Bitcoins. Even as investors are heartbroken, Twitter users are having a field day, sharing memes about the cryptocurrency, those who have invested in it and Musk, alleging he single-handedly triggered the massive crash.Every Bitcoin Owner To Dogecoin Owners And @elonmusk Right now #dogearmypic.twitter.com/KHgZn8Gx4F— Sensitive Phil (@PhilSensitive) May 18, 2021Bitcoin owners right now pic.twitter.com/726Zcn3PgW— Sagar (@sagarcasm) May 19, 2021#Bitcoin owners every morning after checking Elon musk’s tweet. pic.twitter.com/844tzLayMw— El Professor ???? (@SalvaMartin09) May 19, 2021Bitcoin owners…
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