CandleFocus Recent Bitcoin 'Crash' Dispelled by Economist Henrik Zeberg
2025-02-19
Author: Content Editor
The article discusses the recent decline in the price of Bitcoin and economist Henrik Zeberg's sarcastic response to calling it a "crash." The decline amounted to 0.17%, but was part of a larger drop that saw Bitcoin lose $2,400 in a few hours. However, Bitcoin has since recovered and surged by 2.55%. The article also mentions Elon Musk's call to audit the U.S. national gold reserve stored in Fort Knox, with Musk suggesting Bitcoin as a solution. Bitcoin opponent Peter Schiff argues that Bitcoin cannot be audited like gold.
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