Bitcoin
Edward Snowden Offers Iconic Bitcoin Line as Berkshire Hathaway Drops 99.97% by U.Today
U.Today – A technical malfunction on the New York Stock Exchange on Monday caused a temporary halt in trading, leading to a significant drop in Class A shares of Berkshire Hathaway (NYSE:), the investment conglomerate chaired by Warren Buffett. The flaw, which caused trading halts and triggered an investigation by the NYSE, attracted attention from the cryptocurrency community.
This caused a particularly funny reaction in the crypto community. Many crypto enthusiasts have reminded Warren Buffett of his criticism of the leading cryptocurrency. In particular, the famous investor called a “gambling asset” that has no value. Many noted that unlike Berkshire Hathaway stock, the cryptocurrency had never experienced such an epic crash.
Notably, Edward Snowden, known for his role in releasing classified intelligence information, joined the party, simply stating: “Bitcoin solves this.”
As Berkshire Hathaway and Warren Buffett watch their stocks stop trading and the crypto community collectively mocks them, the price of BTC continues to take investors on a rollercoaster ride.
So, today, the main cryptocurrency managed to grow by 3.75% to above $70,000 BTC, and then sharply collapsed by more than 2.5%, stopping at the level of $68,500. Currently, Bitcoin is trading at approximately $69,200, sparking a mix of fear and greed among investors.
For now, all eyes are on Bitcoin as it rides the currents of market sentiment, leaving investors pondering the age-old question: who will emerge victorious in this game?