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Edward Snowden Delivers Iconic Bitcoin Line as Berkshire Hathaway Falls 99.97% According to U.Today
U.Today – A technical malfunction on the New York Stock Exchange caused a temporary halt in trading on Monday, leading to a significant drop in the Class A shares of Berkshire Hathaway (NYSE:), the investment conglomerate chaired by Warren Buffett. The glitch, which caused a trading halt and sparked an investigation by the NYSE, caught the attention of the cryptocurrency community.
This caused a particularly funny reaction in the crypto community. So many cryptocurrency enthusiasts reminded Warren Buffett of his criticism of the leading cryptocurrency. In particular, the famous investor defined it as a worthless “gambling asset”. Many noted that, unlike Berkshire Hathaway shares, the cryptocurrency had never suffered such a dramatic decline.
Notably, Edward Snowden, known for his role in leaking top-secret intelligence information, joined the party, stating simply, “Bitcoin solves this problem.”
As Berkshire Hathaway and Warren Buffett watch their stocks halt trading and the crypto community mocks them, the price of BTC continues to take investors on a roller coaster.
Thus, today, the main cryptocurrency managed to grow by 3.75%, exceeding BTC’s $70,000 mark, only to then sharply collapse by more than 2.5%, stopping at the $68,500 level. Currently, Bitcoin is trading at around $69,200, triggering a mix of fear and greed among investors.
For now, all eyes are on Bitcoin as it navigates the currents of market sentiment, leaving investors to ponder the age-old question: Who will emerge victorious from this game?