Although Bitcoin price failed to crack the $10,000 mark and has declined since its last major bull run, the cryptocurrency is still holding on above the $9,000 price level.
The latest setback for Bitcoin stems from Berkshire Hathaway CEO Warren Buffett, who maintained his criticism of the digital asset yesterday, claiming that Bitcoin as an asset is creating nothing.
“When you’re buying nonproductive assets, all you’re counting on is the next person is going to pay you more because they’re even more excited about another next person coming along,” stated Buffett.
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