$BTC Falls to $20K. MSTR Bankrupts. Undue Fear?
@JC888:
Prominent Bitcoin detractor Peter Schiff took to social media “X” (Twitter) to predict that the price of Bitcoin (BTC), the largest cryptocurrency, will plunge back to the $20,000 level. The gold bug argues that despite the plunge, it would still be a "high" price for the crypto leader. If price really falls, he estimates that business intelligence company $MicroStrategy(MSTR)$, which is known as the largest corporate holder of Bitcoin, will have to face an unrealized loss of $3.25 billion. Schiff has also accused MicroStrategy, that owns a total 214,400 Bitcoins of manipulating the largest cryptocurrency. The gold bug's recent comment came after the price of Bitcoin slipped to an intraday low of $60,065 after the seemingly underw