The Musk Effect: Is Elon's Interest in Crypto Having a Negative Effect On The Industry?

Tesla CEO, Elon Musk, has been vocal about cryptocurrencies for years. He occasionally takes Twitter to boost the prices of Bitcoin and Dogecoin. Economist Nouriel Roubini sees the Bitcoin purchase made by Tesla as a market manipulation attempt. The SEC (U.S. Securities and Exchange Commission) should step in and investigate the case, as he believes that Elon Musk's behavior is criminal. If the investigation takes place this time, it can have a negative impact on the cryptocurrency industry.