Bitcoin Falls to its lowest level in three months

The world's first digital currency slipped to its lowest level in three months today in a choppy session after Tesla boss Elon Musk tweeted about the carmaker's bitcoin holdings. Bitcoin slid 6.2% to $ 43,564 after earlier in the session falling to $ 42,185, its lowest level since February 8th, Ethereum slumped 8.3% to $ 3,291 and Dogecoin slumped 6% to $ 0.48.

Musk said in a tweet to him on Twitter that "Tesla did not sell any Bitcoin" and also added that Tesla will stop taking Bitcoin as a down payment due to environmental concerns about using energy to process transactions. In February, Tesla bought 1.5 billion bitcoins in the first quarter. .