Bitcoin (BTC) was trading at $ 5,173 at the time of writing, according to CoinMarketCap data.
Bitcoin had risen to a level of $ 10 thousand a few weeks ago with a good rise. The leading cryptocurrency experienced one of the worst days in its history yesterday, witnessing the toughest decline of the past 5 years. Although Bitcoin fell to the level of 4 thousand dollars, it has now risen back to 5 thousand 173 dollars.
What is the latest situation of investors?
The crypto money market had one of its worst days yesterday. The total market value, which was 220 billion dollars in the past days, is now 148 billion dollars. Such a high number of numbers deleted from the market indicates that people are loss.
Famous investor Bitcoin opponent Peter Schiff continued his criticism, knowing the opportunity in this cryptocurrency drop. Schiff used the following statements:
With #Bitcoin crashing below $4,000 I don't feel so bad about having lost all my Bitcoin. At the rate my lost Bitcoin are losing value soon the difference between having Bitcoin and not having any Bitcoin will be too small to matter.