Bitcoin (CRYPTO: BTC) has broken below $35,000. The price of BTC marked a low of $34,378.04 over the past 24 hours. Apart from a short selloff in January, Bitcoin’s price hasn’t been this low in 2022. The apex crypto remains above the key $29,000 level that was tested multiple times in the summer of 2021.
The largest cryptocurrency is down about 50% from its Nov. 10, 2021 record high of $68,789.63.
Crypto billionaire Brock Pierce says the Bitcoin may fail spectacularly and suggests that investors should refrain from going all-in on the leading crypto asset.
“Bitcoin could go to zero. So it’s a binary outcome. It’s either going to go to $1 million a Bitcoin or zero. So it’s going to be one or the other, so you shouldn’t put …
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