Bitcoin slips after Elon Musk tweets broken-heart emoji for token

Bitcoin slid after a cryptic tweet from Elon Musk apparently hinting at a potential split with the largest cryptocurrency, the latest post from the billionaire to buffet the token’s price.

The coin dropped as much as 6.3% and was trading at about $36,750 as of 6:28 a.m. in New York. The decline dented this week’s stabilization in the crypto sector after a rout in May. The Bloomberg Galaxy Crypto Index retreated as much as 7.3%.

Musk has roiled Bitcoin and other digital tokens with a string of social media posts. Most notably, the tycoon last month reversed a decision to allow purchases of Tesla Inc. electric vehicles with Bitcoin, citing the environmental fallout of the energy required by the servers underpinning the cryptocurrency.