Bitcoin to online petwear: 'Papa Musk' lures investors


FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken November 19, 2020. REUTERS/Dado Ruvic

LONDON (Reuters) - A "#bitcoin" tag on Elon Musk's Twitter profile page led to a 14% jump in the cryptocurrency on Friday, the latest in a series of market moves triggered by comments on his social media account.

The Twitter handle of the world's richest person has joined the growing list of things to watch for those trading stocks for personal or professional purposes, and comes amid the rising prominence of the'WallStreetBets' Reddit chat room that drove skyrocketing gains for GameStop shares.

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