Consumer

Bitcoin falls

Published May 13, 2021 6:46 PM

(KYMA, KECY/ CNN) - Bitcoin drops by 12% after Tesla's CEO, Elon Musk, said you can't buy electric vehicles with the cryptocurrency anymore.

The price drop came early Thursday morning at about $50,900.

No comment from Tesla including how many vehicles have been bought with Bitcoin.

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Mercedes Martinez joined the KSWT team as anchor/producer in October 2020. You can catch her on 13 On Your Side at 4:00pm.

Reach out to Mercedes at mercedes.martinez@kecytv.com.

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