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The Independent UK
The Independent UK
Technology
Vishwam Sankaran

Bitcoin surges above record $81,000 as Elon Musk warns of ‘financial emergency’

Bitcoin surged above $81,000 for the first time as Tesla billionaire Elon Musk called on new US president-elect Donald Trump to use the cryptocurrency to address America’s “unsustainable” debt growth.

The Tesla titan, who endorsed Mr Trump during his campaign trail, has been warning of a looming “financial emergency” in the US.

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