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Ross Gerber, a renowned Tesla investor and Co-founder of Gerber Kawasaki Wealth and Investment Management, has identified the primary reason Bitcoin (BTC) fell below $70,000. The CEO has attributed the decline in the leading cryptocurrency and the broader market to the rise of scam tokens and shit coins in the space.
The Truth Behind Bitcoin’s Crash Below $70,000
The Bitcoin price dropped below $70,000 last week, sparking fear and uncertainty across the market. As the world’s largest cryptocurrency…