Bitcoin Soars to $37,000 Driven by Elon Musk's Support
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Tesla and SpaceX Elon Musk has changed his Twitter profile description to "#bitcoin" with the cryptocurrency logo. Shortly after, the price of the reference cryptocurrency has experienced a sharp rise to over $37,000. It must be noted that the asset was trading at around $32,000 in the morning.

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Musk has posted several tweets recently that have influenced the markets. For example, just a few hours ago, the Tesla and SpaceX CEO posted a digital magazine cover with a dog and the name Doge on his Twitter feed. Musk has already written about the altcoin on several occasions, which has always resulted in the price of the coin rising. For example, on December 21, Musk made the following post, "One word: Doge" and changed his profile description to "former CEO of the Dogecoin project" (Musk's old joke).

The shares of the CD Projekt, developer of Cyberpunk 2077, have previously posted a 19% increase after Musk tweeted he liked the game.

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