The cost of bitcoin for the first time in almost three months fell below the mark of 45 thousand dollars, the most popular cryptocurrency lost more than ten percent in price. This happened against the background of statements by Tesla founder Elon Musk.

The entrepreneur hinted that Tesla is preparing to sell or has already sold its crypto assets, which were valued at $1.5 billion. Musk responded to a Twitter user who suggested that Bitcoin holders would be annoyed in the next quarter when they learned that Tesla got rid of its remaining digital assets. To this tweet, Musk replied: “Indeed.”

A few days ago, the Tesla founder stated that the company plans to hold, not sell the bitcoins it already has, and intends to use them for transactions as soon as mining moves to more stable energy. The entrepreneur also said that the company is pausing the sale of electric vehicles for bitcoins due to the non-environmentally friendly way of obtaining this cryptocurrency. Wall Street analysts have warned that Musk’s latest moves are confusing crypto investors and causing additional volatility in Tesla stock. Securities are now under pressure due to news from China.