http://www.newsweek.com/bitcoin-falls-10-after-elon-musk-reverses-course-tesla-payments-criticizes-insane-energy-use-1591179

Bitcoin plummeted by 10 percent on Thursday after Tesla CEO Elon Musk announced that the electric car company will no longer accept the the world's most popular cryptocurrency for car payments, citing its "insane" energy use.

According to CoinDesk, in over the past 24 hours, bitcoin has fallen by 10.6 percent as of publication time and was worth around $50,207. The price of bitcoin reached a 24-hour low of $46,294.72.