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Peter Schiff Predicts Bitcoin’s ‘Biggest Crash Ever’, Trump NFT Collection Sees Trading Volume Plunge, & More: This Week in Cryptocurrency

Last week, the cryptocurrency market suffered a significant downturn, with major digital currencies such as Bitcoin Bitcoin/USD, Ethereum ETH/USDand Dogecoin suffers losses. Amid the market turmoil, some notable figures have offered their unique perspectives. Dogecoin co-creator Billy Markus made a sarcastic remark on the situation as trading volumes for Donald Trump’s original NFT collection plummeted. Meanwhile, a meme coin that parodies the President Joe Biden saw a surprising spike, and economist Peter Schiff made a grim prediction for Bitcoin’s future. Edward Snowden also weighed in, providing a more measured view of market fluctuations.

Dogecoin co-creator comments on Crypto Crash

As the cryptocurrency market faced a sharp decline, Billy Marcothe co-founder of Dogemoneta DOGE/USD, took to social media with a tongue-in-cheek response. His playful words contrasted with the gloomy sentiment prevailing among investors who saw the value of their holdings shrinking.

Read the full article here.

Trump NFT collection sees trading volume plummet

Interest in the original NFT collection featuring the former president Donald Trump has declined significantly, with trading volume plummeting 99% over the past month. The collection, which initially attracted attention, has not seen any transactions in the past week, signaling a sharp decline in demand.

Read the full article here.

The “Jeo Boden” meme coin surpasses 1 dollar

See also: Iran launches drone attack on Israel in escalating tensions, Bitcoin drops sharply in response

THE Based on Solana same angle, Jeo Boden BODEN/USD, saw a notable increase, briefly surpassing the $1 mark. This spike in value pushed the coin’s market capitalization above $700 million before stabilizing. The coin’s performance attracted the attention of both traders and spectators.

Read the full article here.

Peter Schiff Predicts Bitcoin’s ‘Biggest Crash Ever’

Well-known Bitcoin critic Peter Schiff has once again expressed his skepticism towards the cryptocurrency, predicting what he believes could be its most catastrophic collapse to date. Schiff’s comments add to the already heightened anxiety within the crypto community.

Read the full article here.

Edward Snowden weighs in on cryptocurrency market panic

Amidst the recent cryptocurrency market upheaval, Edward Snowden offered a different perspective, highlighting that Bitcoin’s price has remained relatively stable over the past week, despite daily fluctuations that have caused widespread concern among investors.

Read the full article here.

Read next: Dogecoin Influencer Warns Against These Types of Trading Strategies: “You Risk Losing Everything”

Image via Shutterstock


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