Bitcoin soars 14% after Elon Musk namecheck on Twitter

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Bitcoin soars 14% after Elon Musk namecheck on Twitter Musk wrote simply "#bitcoin" in his biography on the social media site. The cryptocurrency was trading at $37,800 as of 0936 GMT. The billionaire entrepreneur, followed by 43.7 million on Twitter, has a record of making market-moving comments on the site.

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