Bitcoin Drops To 3-Month Low

The market reacted to rumors that Tesla might have sold its Bitcoin holdings, which CEO Elon Musk denied on Twitter. Despite the clarification, Bitcoin's value dropped over 9% to around $42,000, down from its peak of over $60,000 last month.

What was the market speculating about Tesla?

• Tesla was considering selling its Bitcoin holdings.

• Tesla was investing in a new cryptocurrency.

• Tesla was unaffected by Bitcoin's value.

• Tesla was buying more Bitcoin.

How did Elon Musk respond to the speculation?

• He remained silent on the issue.

• He confirmed the rumors.

• He announced a new investment.

• He clarified that Tesla had not sold any Bitcoin.

What happened to Bitcoin's value despite Musk's clarification?

• It increased by 9%.

• It remained stable.

• It doubled in value.

• It fell by more than 9%.

What was Bitcoin's value after the drop?

• $30,000

• $50,000

• $42,000

• $60,000

What was Bitcoin's peak value last month?

• $70,000

• $42,000

• $50,000

• $60,000