Edward Snowden Mocks 'Crypto People Freaking Out Over Prices:' 'Is The Same It Was 7 Days Ago'
Portfolio Pulse from Rounak Jain
Edward Snowden mocked the cryptocurrency community's reaction to recent market fluctuations, noting that Bitcoin's price has remained relatively stable over the past week despite a 4.9% drop in the last 24 hours. This commentary comes amid broader market turmoil, with significant drops also seen in Dogecoin and Shiba Inu. The cryptocurrency market is facing heightened volatility, with recent predictions of a major downturn and potential impacts on companies like MicroStrategy.

April 13, 2024 | 8:22 am
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MicroStrategy's stock may face short-term pressure due to predictions of Bitcoin's 'biggest crash ever' and potential bankruptcy concerns.
Given the direct relationship between MicroStrategy's financial health and the performance of Bitcoin, negative predictions about Bitcoin's future and the mention of a potential bankruptcy could lead to a decrease in investor confidence in MicroStrategy's stock in the short term.
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