Bitcoin drops to 3-month low in wild trading after Musk tweets


FILE PHOTO: The logo of the Bitcoin digital currency is seen in a shop in Marseille, France, February 7, 2021. REUTERS/Eric Gaillard/File Photo/File Photo

NEW YORK/LONDON (Reuters) -Bitcoin fell to a three-month low on Monday in a volatile session that saw investors selling and buying the digital currency after Tesla boss Elon Musk tweeted about the carmaker's bitcoin holdings.

Bitcoin fell to as low as $42,185, its lowest since Feb. 8, and was last down 6.2% at $43,564.

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