Backlash to Elon Musk’s Bitcoin bombshell as traders start to buy the dip

In response to the news, Bitcoin shed 15% in less than three hours, plummeting from nearly $55,000 to $46,600.

“However, we’ve seen Bitcoin receive all sorts of bad press throughout the years, such as governments banning its usage.

Blockstream co-founder, Adam Back, stated: “Buying the Doge-tweeter dip.

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