U.Today – A technical failure on the New York Stock Exchange on Monday caused a temporary halt in trading, causing a significant drop in the class A shares of Berkshire Hathaway (NYSE:), the investment conglomerate chaired by Warren Buffett. The flaw, which caused trading disruptions and prompted an investigation by the New York Stock Exchange, attracted the attention of the cryptocurrency community.
This sparked a particularly funny reaction in the crypto community. Many cryptocurrency enthusiasts reminded Warren Buffett of his criticism of the leading cryptocurrency. In particular, the famous investor called “gambling asset” that has no value. Many noted that unlike Berkshire Hathaway stock, the cryptocurrency had never experienced such an epic drop.
Notably, Edward Snowden, known for his role in releasing top-secret intelligence information, joined the party and simply stated: “Bitcoin solves this.”
As Berkshire Hathaway and Warren Buffett see their shares delisted and the crypto community collectively mock them, the price of BTC continues to take investors on a rollercoaster ride.
Thus, today the main cryptocurrency managed to grow by 3.75% to exceed $70,000 BTC, and then plummeted sharply by more than 2.5%, stopping at the level of $68,500. Currently, Bitcoin is trading at approximately $69,200, creating a mix of fear and greed among investors.
For now, all eyes are on Bitcoin as it rides the tides of market sentiment, leaving investors to ponder the age-old question: who will emerge victorious in this game?
This article was originally published on U.Today.
