Why Bitcoin rose 14 % as Elon Musk changed his Twitter bio? Here's the reason

Bitcoin jumped as much as 14% on Friday (January 29) to a two-week high after Tesla Inc chief Elon Musk tagged the cryptocurrency in his Twitter biography. Elon Musk wrote simply "#bitcoin" in his biography on the social media site, Twitter. The world`s biggest cryptocurrency was up 10.2% at $36,901 as of 1005 GMT.