Tesla and SpaceX founder Elon Musk raised the cost of bitcoin by 20% simply by changing the biography column on Twitter. The richest man in the world wrote “#bitcoin” transfers zakon.kz with a link to Unilad.

An hour after editing the data on your Twitter pages, the cost of the cryptocurrency “skyrocketed” from 32 thousand dollars to 37 thousand. This is evidenced by data from Coinbase. Bitcoin is up about 15.7% in less than 15 minutes, according to another crypto-monitoring site Coindesk.

In December, Musk said he could add bitcoin to Tesla’s balance sheet. Cryptocurrency proponents have long sought to have the world’s richest man publicly support this currency. Many take the change in the biography column as proof that he is “on board”.

This is the third time that Musk’s Twitter has caused a wave in the stock market in recent years. All of this comes amid a battle between hobbyist investors and Wall Street hedge funds. Thanks to the efforts of amateurs, GameStop retail shares rose at least 300%, and hedge funds suffered billions of dollars in losses.