Crypto News LIVE Updates: Bitcoin Slips Past $39K, Elon Musk’s xAI Secures $500 Mln In Investments

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Crypto News LIVE Updates: Bitcoin echoed a speculative buzz across the broader crypto market once again, as the token’s price slipped past the $39 mark, after facing a pullback to $38K yesterday. As of writing, the Bitcoin price noted a 1% drop over the past 24 hours and is currently trading at $39,568. Meanwhile, altcoins like Ethereum, Solana, and XRP continued to witness a slump, collectively plunging 3%-6%, garnering significant attention globally.

On the other hand, Elon Musk’s artificial intelligence, xAI (Grok), recently announced that the project has successfully secured $500 million in investments. With this, the AI-project is one step closer to its $1 billion evaluation goal, although the bigger picture is for a $15 billion evaluation, according to sources familiar with the matter.

The post Crypto News LIVE Updates: Bitcoin Slips Past $39K, Elon Musk’s xAI Secures $500 Mln In Investments appeared first on CoinGape.

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