Bitcoin has enjoyed a strong third quarter, hovering around the 20-thousand dollar mark
It’s a surprise twist for the world’s biggest digital asset, which has hit a few speed bumps this year.
The steady quarter comes as the crypto is set to break its close relationship with other stocks.
One analyst says the cost of living crisis may have helped the crypto’s recent wins.
Maybe it’s Musk? Elon Musk sends the crypto market into a frenzy
ELON MUSK- Dogecoin has soared more than 70 per cent on the news that Musk sealed his multi-billion dollar Twitter deal.
It’s not the first time the CEO has influenced the price of cryptocurrencies.
Of course, it follows Tesla accepting Dogecoin as payment earlier this year.
Meanwhile, crypto exchange platform Binance has invested $500 million into the Twitter takeover.
The exchange says it’s even looking at ways to work out how crypto can be used on Twitter itself.
