U.Today – Monday’s technical failure on the New York Stock Exchange caused fleeting disruptions in quotations, which led to a significant drop in the prices of class A shares of Berkshire Hathaway (NYSE:) – the investment conglomerate chaired by Warren Buffett. The glitch, which halted trading and sparked an investigation by the NYSE, has caught the attention of the cryptocurrency community.
This caused a particularly humorous reaction in the crypto community. So many cryptocurrency enthusiasts reminded Warren Buffett of his criticism of the mainstream cryptocurrency. In particular, the notable investor called “gambling assets” worthless. Many have noted that unlike Berkshire Hathaway stock, the cryptocurrency has never experienced such an epic decline.
Notably, Edward Snowden, known for his role in leaking top-secret intelligence, has joined the party, simply stating, “Bitcoin solves this.”
As Berkshire Hathaway and Warren Buffett watch their stocks halt trading and the cryptocurrency community collectively mocks them, the BTC price continues to take investors on a rollercoaster ride.
Thus, today the main cryptocurrency managed to grow by 3.75% to over $70,000 BTC, and then fell sharply by over 2.5%, stopping at $68,500. Bitcoin is currently trading at around $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 to ponder the age-old question: who will emerge victorious from this game?
