Famous tweets that caused a stir in the crypto markets

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El Salvador President Nayib Bukele had purchased 200 bitcoins and culminating with a tweet that read, “in 3 minutes we make history”. Following the tweets, the price of Bitcoin temporarily increased by 1.49 percent, reaching a high of $52,680 on the day (7th September 2021)

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Elon Musk - Bitcoin rally  "Fiat currency has negative real interest, only a fool wouldn't look elsewhere," and then adding, "Bitcoin is almost as BS as fiat money. The key word is 'almost'." The tweet in February led to bitcoin reaching the price point of $55,000.

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Michael Saylor – the Bitcoin whale  He took to the microblogging platform several times during Bitcoin’s rally from 11K to 60k in 2021; either to announce MicroStrategy’s new bitcoin purchase or just to promote the cryptocurrency as a whole.

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Mark Cuban  In his February 4th tweet, he said, "If I had to choose between buying a lottery ticket and #Dogecoin.....I would buy #Dogecoin. But please don’t ask me to choose between it and anything else." This sent the price of dogecoin soaring, rising by more than 50 percent in the span of 12 hours.

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Elon Musk - Bitcoin crash  In May 2021, Musk tweeted an image that revealed that Tesla was halting BTC payment due to environmental concerns about the asset. The price of Bitcoin fell substantially after that tweet, reaching an all-time low of $34,000 by the end of May.

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Crypto.com arena  crypto.com announced in a tweet that they had bought the naming rights of the staples sporting arena, the home of the LA Lakers, and they were changing its name to Crypto.com arena. This led to a significant rally of the CRO token, taking it to an all-time high of $0.9005. Since then, it has not been able to reach this price point again.

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Andre Cronje – resignation tweet causes multiple tokens to tumble

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Even something as small as a 280-character tweet can influence prices in a big way, making investors very rich or very sad in a very short period of time.

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Top 10 most-trusted cryptocurrency wallets to safeguard saving

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