Does Elon Musk Really Think Dogecoin Is 'A Hustle?'

Dogecoin, the fifth most valuable cryptocurrency, retreated from an all-time high after billionaire Elon Musk, appearing on “Saturday Night Live,” jokingly called it “a hustle.” The self-proclaimed 'Dogefather' has been among Dogecoin's biggest boosters, along with Mark Cuban, Snoop Dogg and Gene Simmons. Ed Ludlow reports on "Bloomberg Technology."

The segment aired on May 10, 2021.