Tesla not accepting BTC payments for their cars is not a big deal,but the cryptocurrency market is always overreacting.
Bitcoin doesn't rely on the media to grow.BTC relies on the buyers.Unfortunately,during the last 2 years,Bitcoin relies on a few big buyers,in order to grow,which doesn't seem sustainable,even though the institutional investors are here for the long run.All the small and medium buyers are just waiting for the next Elon Musk move,or the next FOMO phase.
It seems to me that Elon Musk is a big hypocrite.Why the hell he invested in Bitcoin,if he is concerned about the environment?Bitcoin mining has nothing to do with the environment.Power plants that burn coal are the real problem.