• Aug 10, 2024

This Week on Crypto Twitter: Bitcoin Battered as Trump-Themed Tokens Dump

Illustration by Mitchell Preffer for Decrypt Crypto Twitter scrambled at the start of the week as dire global economic numbers flooded the crypto market with a sea of red. Coming out of the weekend, renowned Bitcoin hater Peter Schiff said to brace for a “Crypto black Monday.” #Bitcoin just sank below $58K. If it takes out it's July low by tomorrow's U.S. #StockMarket open, #BitcoinETFs will gap down by more than 15%, 30% below their Jan. highs. A loss of that magnitude may finally trigger mass...