After taking another beating this week, Bitcoin currently stands at $6,132 on CoinMarketCap.
The latest drop happened yesterday, with news that Japan’s Financial Services Agency (FSA) ordered a number of exchanges to tighten security after a series of hacks.
CNBC held a mock funeral for Bitcoin and cryptocurrency, offering its condolences to bullish Fundstrat analyst Tom Lee, Bitcoin Cash supporter Roger Ver, Ripple CEO Brad Garlinghouse and “all 500 Ethereum co-founders.”
But CNBC analyst Brian Kelly was having none of it, offering three reasons why he’s still bullish on Bitcoin.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any loses you may incur are your responsibility. Please note that The Daily Hodl also participates in affiliate marketing programs.
The post CNBC Airs Mock Funeral for Bitcoin, Bullish Analyst Interrupts Eulogy appeared first on The Daily Hodl.
Source: Daily HODL
Original Post: CNBC Airs Mock Funeral for Bitcoin, Bullish Analyst Interrupts Eulogy