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It's happening again.
An analyst highlighted Tesla's $1.5 billion investment against bitcoin's subsequent price rise.
The cryptocurrency has moved from a meme to the latest investment craze. "Wow, so cereal."
New analysis shows Bitcoin's electricity consumption tops Argentina.
The billionaire appears to shift the market with his tweets.
Rumors about other big companies such as Apple could also join the cryptocurrency market are making rounds.
This comes as no surprise since Elon Musk frequently comments about cryptocurrency, including Dogecoin, on social media.