- Elon Musk said if dollar inflation is controlled, the value of cryptocurrencies like Dogecoin and Bitcoin may decline
- The comment was made in reaction to a post made by Y Combinator CEO Garry Tan, who estimated that Dogecoin’s price may increase
- Musk made these remarks after it was reported that the internet giant intended to launch “X Money,” a new Bitcoin and cryptocurrency feature on X
Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin and Dogecoin if dollar inflation is addressed.
